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Title: Retail Sales Smash Expectations, Car Sales On Fire
Source:
Business Insider
URL Source: http://www.businessinsider.com/adva ... il-sales-for-september-2011-10
Published: Oct 14, 2011
Author: Joe Weisenthal
Post Date: 2011-10-14 10:16:15 by Brian S
Keywords: None
Views: 3652
Comments: 7
September retail sales are strong across the board Headline sales gained 1.1%. That's nicely above the 0.7% month-over-month growth that analysts had expected. Excluding autos, sales jumped 0.6%, which is double expectations. This really confirms that car sales in the US are on fire (which we mostly already knew), and that the economy is far from collapsing, at least as of September. Also, there were nice upward revisions to August. Stocks are rallying. This chart breaks it all down. The full release can be found here.
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#1. To: Brian S (#0)
Bull shit. Absolute. So how do you know if your own city has become a hellhole? Well, a few potential "red flags" are posted below.... You know that your city has become a hellhole when most of the street lights get repossessed because of unpaid electric bills. You know that your city has become a hellhole when it announces that it will no longer prosecute domestic violence cases in order to save money. You know that your city has become a hellhole when it simply stops sending out pension checks to retired workers. You know that your city has become a hellhole when it rips up asphalt roads and replaces them with gravel because gravel is cheaper to maintain. You know that your city has become a hellhole when it eliminates the entire public bus system. You know that your city has become a hellhole when nearly half of all the people living there can't read.
Cheer up. Life is what you make it.
------------------------------------- OMG! That's it! Throw in the towel! Obama's gonna be relected easilly - probably with 98 percent!!! (112 percent if you count Philly!)
__________________________________________________________________________________________ The US will be a very poor Third World State w/in 20 years.
The only questions now is where will the First Nuke Reactor Meltdown be? Which 30-200 Km Radius Area of fresh clean water and wildlife and a 200 000 pop will be made uninhabitable?
I'm happier than cancer, dude....8D
I think it's because everyone can qualify for an auto loan if they are willing to pay a high enough interest rate. And 90 day layaways are counted as current retail sales.
When the people are afraid, that's when the greatest long term money is made.~~~~Clark Howard
This really confirms that car sales in the US are on fire (which we mostly already knew), and that the economy is far from collapsing, at least as of September.
#2. To: mcgowanjm (#1)
Why don't you make like a tree and get out of here?
#3. To: Brian S (#0)
EASTER ISLAND MYSTERY - - SOLVED!!
#4. To: All (#1)
#5. To: All (#4)
#6. To: Biff Tannen (#2)
Cheer up. Life is what you make it.
#7. To: Brian S (#0)
Retail Sales Smash Expectations, Car Sales On Fire
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