Retail Sales

May 15, 2020 Retail sales plunged 16.4% in April after having fallen 8.3% in March.  The April drop was the largest decline on record for this series.  In the 2008-2009 recession from top to bottom retail sales fell by $46 billion.  In March and April it declined by...

Car and Truck Sales

April 1, 2020 Unit car and truck sales fell 32.1% in March to 11.372 million after having declined 1.0% in February.    Clearly, the dramatic measures taken by the federal government and many state governors to halt the spread of the corona virus has stopped the...