Tag Archives: Retail Sale

The GDP of the U.S. Economy Should Expand Around 0.6% in Q3

The 0.6% growth is calculated based on my GDP Real-Time Thermometer Model.  It is much better than -3.5% contraction I expected back in July.  Thanks for the pickups of the economic activities in retail and wholesale levels which effectively compensate the contraction … Continue reading

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Update on Business Inventory in February

I have no much to say about the February business inventory data beyond what I have said before on this topic.  Both the retail sale and business inventory are growing indicating a consistent economic growth in February.

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Retail Sale Miss in January but the Business Inventory Beat in December

Today the U.S. Census Bureau reported the January’s retail sale comes at +0.3%, lower than the +0.5% expectation by the market.  The retail sale data of December is also revised down to +0.5% from +0.6% reported earlier.  In another report, December’s business inventory … Continue reading

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December CPI and Retail Sale Missed Expectations

The retail sale data in December come as 0.6% growth with expectation of 0.8%.  With the gasoline price flying, the CPI in December increases by 0.5%, missing market expectation of 0.4%.  Note that when consumers spend more on the gas that stimulates import they … Continue reading

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My Short Review of the U.S. Economy in 2010

Today is last day of 2010.  To make this review concise, I am not writing the popular topics that everybody knows, like disappointing unemployment rate or QE about which you can find articles everywhere.  I am blogging here on the … Continue reading

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Retail Sale Is Approaching 2007 High

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October Business Inventory Grew at 0.7%

The Census Bureau of the Department of Commerce today reported its October business inventory data come at 0.7% pace and its September data were revised up from 0.9% to 1.3%.  Also today reported is the October revised retail sale growth at 1.7% better than … Continue reading

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