Retail Sales

by Laura Ehrenberg-Chesler on October 6, 2011

in Economic Indicators

We continue to get less than dire economic news. Today a number of retailers from Nordstrom, to Saks Fifth Avenue, to Costco reported good sales numbers. In some cases, much better than expected.

For those of you who don’t remember, September new vehicle sales were also strong, and much better than in August.

We do

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not view these data points as telling the whole story, nevertheless they do point to a less than dire environment.

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