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Politics : Formerly About Advanced Micro Devices

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To: Rarebird who wrote (1163924)9/13/2019 8:54:06 PM
From: Sdgla1 Recommendation

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Will you admit you made a bad call ?

Best “Recession” Ever – Retail Sales Show “Unexpected” Growth in August -AND- Despite Tariffs Import Prices Drop…
Posted on September 13, 2019by sundance
The recession-hoping pundits took more blows to their remaining credibility today when both the Commerce Department and the Bureau of Labor Statistics (BLS) deliver excellent economic results from August that continue to exceed MSM expectations.

The Commerce Dept. announced that retail sales climbed by 0.4 percent in August, twice as high as the 0.2 percent analysts had predicted. The result highlights retail sales strength of more than 4 percent year-over-year. These excellent results come on the heels of blowout data in July, when households boosted purchases of cars and clothing.



The better-than-expected number stemmed largely from a 1.8 percent jump in spending vehicles. Online sales, meanwhile, also continued to climb, rising 1.6 percent. That’s similar to July, when Amazon held its two-day, blowout Prime Day sale. ( link)

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