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Consumer Spending Drops Again in March – Significant Sales Drops in Dept Stores, Electronics and H
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Posted On: April 14, 2023
Always keep in mind that retails sales from the Dept of Commerce [DATA HERE pdf] are always calculated in dollars. Inflation can artificially skewer retail sales if prices increase, and yet consumer purchases decline at a rate lower than the increase in price. Fewer units sold at higher prices can give the false impression of […]
The post Consumer Spending Drops Again in March – Significant Sales Drops in Dept Stores, Electronics and Home Improvement appeared first on The Last Refuge.
Re Posted From: Consumer Spending Drops Again in March – Significant Sales Drops in Dept Stores, Electronics and Home Improvement
[BACK]
[BACK]Posted On: April 14, 2023
Always keep in mind that retails sales from the Dept of Commerce [DATA HERE pdf] are always calculated in dollars. Inflation can artificially skewer retail sales if prices increase, and yet consumer purchases decline at a rate lower than the increase in price. Fewer units sold at higher prices can give the false impression of […]
The post Consumer Spending Drops Again in March – Significant Sales Drops in Dept Stores, Electronics and Home Improvement appeared first on The Last Refuge.
Re Posted From: Consumer Spending Drops Again in March – Significant Sales Drops in Dept Stores, Electronics and Home Improvement