Here's a lesson in
BI - retail sales flop. Quote:
It was a big miss for retail sales in June.OMG we all gonna die! Iz horbl!
Retail sales fell 0.3%, and excluding autos, sales fell 0.1%, according to the Census Bureau's advance estimate.
Calculated Risk - retail sales decline 0.3% in June. Quote:
Retail and Food service sales ex-gasoline increased by 3.5% on a YoY basis (1.4% for all retail sales).Wait... up 3.5% yoy? That's... um... not so bad, is it?