The REAL Collapse Of Retail Sales

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Friday, October 14, 2011 The REAL Collapse Of Retail Sales There's no doubt that this morning's retail sales number, which came in way ahead of expectations, was a pleasant surprise, helping the market extend its rally. But some perspective is in order. This chart from Doug Short adjusts monthly retail sales by both population and inflation. While we have bounced back, we're now more than 10% below 2006 levels, and back to 1998 levels. Read » Also On Money Game Today: Bill Gross Just Made A Huge Bet On Economic Doom, And Nobody Seems To Care Crude Oil Jumps On Signs Of An Improving Economy Citi Is Starting To Worry About Credit Cards Stocks Still Pretty Solidly In Boom Mode Advertisement CHART OF THE DAY: Everyone Interprets The Trade Deficit 100% Wrong CHART OF THE DAY: Remember When The Market Crashed Through That Big Black Line? CHART OF THE DAY: There's Only One Industry That's Added Jobs Since The Start Of The Recession Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.wyldside@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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