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Post by The Great Aztec Joe on Aug 13, 2010 6:38:21 GMT -8
RETAIL SALES ex Auto JUL 2010 + 0.2% JUN 2010 – 0.1% MAY 2010 – 1.2% APR 2010 + 0.6% MAR 2010 + 1.2% FEB 2010 + 0.8% JAN 2010 + 0.5% DEC 2009 – 0.2% NOV 2009 + 1.2% OCT 2009 + 0.0% SEP 2009 + 0.4% AUG 2009 + 1.0% JUL 2009 – 0.5% JUN 2009 + 0.5% MAY 2009 + 0.4% APR 2009 – 0.2% MAR 2009 – 1.2% FEB 2009 + 1.0% JAN 2009 – 1.6% DEC 2008 – 3.2% NOV 2008 – 2.5% OCT 2008 – 2.4% SEP 2008 – 0.6% AUG 2008 – 0.9% JUL 2008 + 0.3% JUN 2008 + 0.8% MAY 2008 + 1.2% APR 2008 + 1.0% MAR 2008 + 0.4% FEB 2008 – 0.1% JAN 2008 + 0.5% DEC 2007 – 0.3% NOV 2007 + 1.7% OCT 2007 + 0.2% SEP 2007 + 0.3% AUG 2007 – 0.4% JUL 2007 + 0.7% JUN 2007 – 0.2% MAY 2007 + 1.6% APR 2007 + 0.0%
Remember the percentage down does not equal the percentage up.
If stocks or sales or durable goods go DOWN fifty percent, they have to go UP 100 percent to reach their former value.......
So, when you see Minus 3.4 % and Minus 2.4 % and Minus 2.5%, you have to see a PLUS 16.6% to compensate for that 8.3% drop.
We have not seen a recovery yet.
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Post by The Great Aztec Joe on Aug 13, 2010 6:40:53 GMT -8
We need a strong program like my "Water to the West Project" to turn this economy ON.
RETAIL SALES ex Auto
Since August of 2008 we have seen sales fall 14.6%. We have seen sales rise 7.8%. so sales are still down over ten percent in the past two years. That is not good.
I just added up the numbers in my noggin, so it might be off a tenth of a percent, but the round numbers should be correct. For Retail Sales to be down ten percent over the last two years means that a lot of stores are struggling to bet by. That ten percent for a lot of them is their margin of profit. We could see a lot more retail businesses collapse in the coming months.
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