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Retail sales leap 1.3% in November

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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-11-09 01:56 PM
Original message
Retail sales leap 1.3% in November
Retail sales leap 1.3% in November
Retail sales increase was more than double expectations, but auto sales had little to contribute:


NEW YORK (CNNMoney.com) -- Retail sales jumped 1.3% in November, according to the Commerce Department, well more than the expected increase.

Economists had expected retail sales to rise 0.6% from October, according to a consensus of forecasts compiled by Briefing.com.

http://money.cnn.com/2009/12/11/news/economy/retail_sales/
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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-11-09 02:09 PM
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1. Good news, but
keep in mind there is a democrat in the White House and glen beck has his awesome +/- that must be taken into consideration. So the 1.3% is most likely a negative 18%. To verify this just listen to right wing radio.

It is good news and thanks for posting. I just heard it on the radio (not right wing.)
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