Retail Sales

October 16, 2020 .Retail sales jumped 1.9% in September after having climbed by 0.6% in August after having risen 1.1% in July.   Once again sales blew away the consensus forecast which called for an increase of just 0.5%.  There seems to be an ongoing narrative that...

Car and Truck Sales

October 5, 2020 Unit car and truck sales rose 7.6% in September to 16.34 million after climbing 3.8% in August and 12.8% in July.  Car and truck sales are now back close to where they were in January and February.    Car sales in February — before the pandemic...