The MSM told me this was the greatest Holiday sales season ever. That’s funny, because the data below shows sales at electronics, clothing, sporting goods, and department stores fell in December. Retailers are announcing more store closings and firing tens of thousands of workers. Something smells funny.
Retail Sales Miss December Expectations For 4th Straight Year
For the fourth year in a row December retail sales numbers (control group) missed expectations. After the shocking 1.4% MoM surge in sales in November, December retail sales growth slowed to just 0.3% MoM.
However, despite the miss, this is the 6th straight month of retail sales growth MoM:
-----------------------------------------------------
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
The spike in YoY retail sales appears to be rolling over:
Pretty much every sector saw gains, but still the data missed:
Which is odd considering that the US consumer is now fully tapped out, with personal savings at 10 year lows…
… while credit card borrowings just hit an all time high.
If US retailers can’t beat expectations now (with the exception of non-store, i.e., online, retailers of course) when can they?
As an Amazon Associate I Earn from Qualifying Purchases
Where does this figure in?
https://www.cnbc.com/2018/01/12/strongest-holiday-sales-since-great-recession-up-5-point-5-percent-topping-views.html
Talk about blowback and SHTF! Went to look up some terms on urban dictionary, and was greeted with this page. I expect Trump to sue yourmommamom and urban dictionary.
Shithole
Trump’s mouth, often a place from whence great amounts of shit spews.
I see Trump’s shithole is at it on Twitter again.
#shithole#shit-hole
by yourmommamom January 12, 2018