June retail sales came out this morning, and contrary to expectations of a 0.2% rise, they actually fell 0.5%.
This caused Goldman to cut its Q2 GDP tracking estimate from 1.3% to 1.1%.
This chart shows year over year growth in retail sales, and as you can see... it's divebombing.
Source: http://www.businessinsider.com/chart-of-the-day-june-retail-sales-2012-7
nor easter ted nugent veep los angeles kings earth day timothy leary jonathan frid
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.