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Title: Decenmber Retail Sales: "Looks like the middle of August out there"
Source:
Calculated Risk
URL Source: http://www.calculatedriskblog.com/
Published: Dec 10, 2009
Author: STAFF
Post Date: 2009-12-10 23:27:43 by Nebuchadnezzar
Keywords: None
Views: 309
Comments: 13
Retail Sales: "Looks like the middle of August out there" by CalculatedRisk on 12/10/2009 08:19:00 PM November retail sales will be released tomorrow morning, but December is apparently off to a slow start ... From the WSJ: Sales Lull Has Retailers Worried The first week of December, typically a lackluster time in the wake of Black Friday, was particularly slow. ... "After solid traffic the first couple of days, it looks like the middle of August out there," said Stephen Baker, vice president of industry analysis for retail watcher NPD Group. And on a key category: Videogames Sales Fall Again in November Combined November videogame software and hardware revenue fell 7.6% from a year earlier to $2.69 billion, data tracker NPD said Thursday. But revenue from videogame sales fell a surprising 3.1% amid expectations of mild growth in the mid-single-digit percentage range. Without growth in consumer spending, the recovery will be sluggish at best. 
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#1. To: Nebuchadnezzar (#0)
Maybe they could get the illegal aliens, H1-B visa holders, and all the offshore Chinese and India workers to part with their money in the stores. The rest of us don't have any to spend.
______________________________________________________________ tag ... you're it.
Wait until after holiday layoffs begin in earnest. The magicical messiah may be wise to take leave permanently overseas.
What's the difference between Racism_Boot's mouth and anal pore? There isn't any, they both spew gas and feces.
Well, it's more important to slobber over Palin or Tiger Woods' skank girlfriends. Americans will keep typing on a keyboard until the lights go out.
Sluggish? The economy cannot improve without jobs. Consumer spending is over, the jobs just are not there. The few that are offer unliveable wages. Stores are not crowded here. There weren't the usual crowds on Black Friday either. Merchandise is largely left over with very few new items.
You're doing a fine job of it, moron! Still living on public assistance?
What's the difference between Racism_Boot's mouth and anal pore? There isn't any, they both spew gas and feces.
This is not just a US prloblem, it is a world wide problem. And, my study of prophecy over the past 15 years has led me to understand that it aint goonna end. But my wish and prayer are that those who are not Born Again Washed in the Blood of the Lamb Christians will both ignore me and will do no follow up study themselves.
lol! Loser.
Biff y0u are so dumb, you make a rock look smart, why you even make olympia snowe look like something more than dirt. Now think for a minute could I ahve been any clearer in telling you to ignore what I wrote? You believe in evolution don't you.
Asswipe, you should spend a little more time on that love thy neighbour stuff instead of the 'prophecy'.
How do you manage to get the bowling ball in your mouth, Biffy? Do you have a hinged jaw like a snake?
What's the difference between Racism_Boot's mouth and anal pore? There isn't any, they both spew gas and feces.
Why? As for 'love the neighbor', do you understand the context in which that was and is spoken by the Lord? The manner in which you have addressed me leads me to say "I think not".
lol
I think you are absolutely right, but I think there is even more going on. At the end of the movie "Dances With Wolves" the closing scroll says, "The great Horse Culture of the West was over." Similarly, I think the great Credit Culture of the late twentieth century in America is over. This is a sea change. We have been a consumer-driven economy, but beyond the fact that this has become more difficult, I think people will choose not to chase a certain standard of living with credit. I think the days of "keeping up with the Joneses" are over. It will be interesting to see what happens next in our economy.
"After solid traffic the first couple of days, it looks like the middle of August out there,"
#2. To: Wood_Chopper (#1)
The rest of us don't have any to spend.
#3. To: Nebuchadnezzar (#0)
Decenmber Retail Sales: "Looks like the middle of August out there"
#4. To: Nebuchadnezzar (#0)
Without growth in consumer spending, the recovery will be sluggish at best.
#5. To: Moderate Mammal (#3)
it's more important to slobber over Palin or Tiger Woods' skank girlfriends.
#6. To: Nebuchadnezzar (#0)
#7. To: BobCeleste (#6)
Chasing Nuts Around the Interweb for Years
#8. To: Biff Tannen (#7)
#9. To: BobCeleste (#8)
Chasing Nuts Around the Interweb for Years
#10. To: Biff Tannen (#9)
#11. To: Biff Tannen (#9)
you should spend a little more time on that love thy neighbour stuff instead of the 'prophecy'.
#12. To: BobCeleste (#11)
Chasing Nuts Around the Interweb for Years
#13. To: borntoweardiamonds (#4)
Sluggish? The economy cannot improve without jobs. Consumer spending is over, the jobs just are not there.
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