• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Weak retail sales cast shadow on U.S. growth outlook

DA60

DA60

Banned
DP Veteran
Joined
Jan 28, 2012
Messages
16,386
Reaction score
7,793
Location
Where I am now
Gender
Male
Political Leaning
Independent
'U.S. retail sales barely rose in April, tempering hopes of a sharp acceleration in economic growth in the second quarter.

The Commerce Department said on Tuesday retail sales edged up 0.1 per cent last month, held back by declines in receipts at furniture, electronic and appliance stores, restaurants and bars and online retailers.

...

Excluding gasoline and autos, retail sales fell 0.1 per cent.'

Weak retail sales cast shadow on U.S. growth outlook - The Globe and Mail
 
So, exclude car sales/gas and retail sales fell in the first month that can not be blamed on the weather in 2014.

Plus, 73,000 less Americans working last month AND the GDP up only 0.1%.

I smell more QE..or less tapering of QE.
 
But, if you ignore that the majority of spending was on health insurance, spending is up also! :lol:

More QE, more inflation. Sure, why not..........
 
DA60 said:
So, exclude car sales/gas and retail sales fell in the first month that can not be blamed on the weather in 2014.

Plus, 73,000 less Americans working last month AND the GDP up only 0.1%.

I smell more QE..or less tapering of QE.
Click to expand...

Oh. There is no doubt that this is a rather disappointing recovery and that we are on the verge of another dip.
 
If this was a 'pay for cable' series? The title of this economy should be Game of Increments.
 
Clearly the weather is responsible. It is just too nice outside for consumers to waste time shopping.
 
You must log in or register to reply here.
Back
Top Bottom