Retail Sales

January 14,,2023 Retail sales fell 1.1% in December after declining 1.0% in November. In the past year retail sales have climbed by 6.7%.  Consumers had been spending at a moderate pace but inflation was eroding their purchasing power (see discussion of real retail...

Car and Truck Sales

December 2, 2022 Unit car and truck sales declined 6.5% in November to 14.4 million after having jumped 10,9% in October.   Car and truck sales seem to be gradually inching upwards after touching bottom in May.  It appears that the supply challenges that had curtailed...