Data Getting Just Plain....INSANE!!!!!!!
July 14, 2009
– Comments (12)
Retail sales rise better-than-expected 0.6 percent
Retail sales rise in June by largest amount since January, led by a surge in gasoline prices
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I have to repeat this just so I didn't make a mistake:
The Commerce Department said Tuesday that retail sales rose 0.6 percent last month
You can't be serious!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Are the GOVERNMENT Economists smoking green shoots??????
We know car sales were DOWN in June y/y!!!! Last year, Gasoline was OVER $4 a gallon!!!!!!!!!
and practically every retailer reported NEGATIVE June same store sales!!!!!!!
Target Corp. June Sales DOWN 6.2 pct
Costco Wholesale Corp. June Sales DOWN 6 pct
BJ's Wholesale Club Inc. June Sales DOWN 7.5 pct
Bon-Ton Stores Inc. Sales DOWN 8 pct
Macy's same-store sales down 8.9% in June
Dillard's June same-store sales down 14%
Limited Brands June same-store sales fall 7.9%
The Limited June same-store sales down 12%
Children's Place June same-store sales down 12%
Destination Maturnity: June comp. sales down 10.7%
Hot Topic June same-store sales down 7.9%
American Eagle June same-store sales down 11%
Gap June same-store sales down 10%
Abercrombie & Fitch same-store sales off 32%
Kohl's Corp. -5.6 pct
Neiman Marcus Group Inc. -20.8 pct
Nordstrom Inc. -10 pct
Saks Inc. -4.4 pct
Stage Stores Inc. -12.6 pct
Cato Corp. -3 pct
The Children's Place Retail Stores Inc. -12 pct
The above numbers came out JUST LAST WEEK and the government reports today that retail sales are UP????? And thousands of retailers have CLOSED since last year including Circuit City and Linens n Things and thousands of standing stores including Starbucks, Home Depot, and others.
IT IS NOW GETTING JUST PLAIN SILLY............if you are being lied to with this data, what else is false??????
Prepare...9.09 is near!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!