Friday, January 14, 2011

December REAL Retail Sales

Quick post, the numbers speak for themselves and tell how strong the US recovery is amidst two years of post recession "growth" and trillions in various stimulus.

CPI month over month change:  0.5%

Retail sales month over month change:  0.6%

In case you don't have a calculator handy, REAL, not nominal retail sales month over month: 0.1%

That is one strong consumer!

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