The Obama economy continues to limp along. Wall Street might be doing okay thanks to QEForever, but main street is still hurting. The latest news is that retail sales plunged last month. But the Democrats and their buddies in the…
Tag Archive for retail sales
‘A Lost Season’ For Retailers
by Lonely Conservative • • 2 Comments
If you’re looking for some cheerful economics news, forget about looking at holiday retail sales. According to The Wall Street Journal holiday sales for 2012 was up a meager 0.7%. The annual holiday shop-a-thon drew to a muted close for…
Retail Sales Plunged In October
by Lonely Conservative • • 3 Comments
Don’t expect retail sales to pull this economy out of the toilet. In October retail sales dropped .3% following an uptick the month before of 1.3%. The decline is being blamed on Hurricane Sandy, or whatever they’re calling it. (Some…
Retail Sales Fell For the Third Month In a Row
by Lonely Conservative • • Comments Off
There’s more gloomy news about the economy today. Retail sales in June fell for the third month in a row. The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for June, adjusted for…
How Will the Media Spin this Week’s Economic News?
by Lonely Conservative • • 9 Comments
The economic slump continues. Now that the holidays are over, jobless claims are back up. In a separate report, the Labor Department said initial unemployment claims jumped to 399,000 in the first week of 2012, the highest in six weeks,…
Obama to Congress: You’re Not Spending Enough Money!
by Lonely Conservative • • 5 Comments
Congress can’t steal from future generations fast enough to please President Obama. So he’s urging them to quickly spend another $30 billion to spur hiring. You know, since that’s worked so well in the past. Meh. President Obama Friday repeated…