Retail Sales

July 16, 2020 Retail sales climbed by 7.5% in June after having surged by 18.2% in May after having plunged 14.7% in April and 8.2% in March.  What is truly amazing is that the June level is back where it was in February — prior to the recession and it is almost...

Car and Truck Sales

July 2, 2020 Unit car and truck sales rose 5.7% in June to 13.046 million after have surged by 41.8% in May.  But those gains only partially offset the stunning declines of 32.0% in March and 23.6% in April.  Car sales in February — before the pandemic shutdown...