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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Taikun who wrote (49573)5/6/2004 9:12:02 AM
From: BubbaFred  Read Replies (1) of 74559
 
Retail Sales Slow After Strong Easter
Thursday May 6, 7:56 am ET

CHICAGO (Reuters) - Wal-Mart Stores Inc. (NYSE:WMT - News) and other U.S. retailers on Thursday said April sales slowed down after a strong Easter holiday, as consumers took a break from a three-month shopping spree.

biz.yahoo.com

I watch WalMart's sales numbers. If their sales drop and the other higher end retailers (Nordstrom, etc) are worse, the consumers are feeling the pinch of less buying power and they flock to WalMart to save money, if they are smart consumers.
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