Retail Sales

October 15, 2021 Retail sales rose 0.7% in September which was much larger than the 0.1% decline that had been expected.  There were, in addition, modest upward revisions to the July and August data.  After revision August sales rose 0.8% but they declined 1.6% in...

Car and Truck Sales

October 8, 2021 Unit car and truck sales fell 6.4% in September to an annual rate of 12.176 million after having plunged 11.6% in August and having fallen 5.9% in July.  Indeed this is the fifth consecutive decline in sales.  It is important to remember that the March...