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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (253523)6/11/2010 9:16:40 AM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
< The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $362.5 billion, a decrease of 1.2 percent (±0.5%) from the previous month, but 6.9 percent (±0.7%) above May 2009.>

calculatedriskblog.com

So I guess this says the Memorial Day sales were a bust? What I don't get is that the individual corporate numbers weren't that bad. Did they apply different seasonal adjustments? Or is somebody fibbing? Substantial opportunity for differences of opinion in seasonal adjustments since Memorial Day weekend went into June this year.

BC



To: DebtBomb who wrote (253523)6/11/2010 1:32:13 PM
From: RetiredNowRead Replies (1) | Respond to of 306849
 
And yet, stock market didn't crash. Not sure why. I would have expected a 200 point plunge on the DOW after that news.