July Retail Sales Confirm Slow Growth: Three Key Charts

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 |  Includes: PMR, RTH, XRT
by: Wildebeest

July advanced retail sales were released by the US Census Bureau on Today. The next charts summarize the 2010 numbers and put them into context by comparing with pre-recession data.

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A realistic analysis of the numbers requires real dollar comparisons to previous years. Real dollar numbers in the next two charts are in January 2005 dollars.
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Another way of representing where retail sales are compared to where they might have been had no recession occurred can be seen in the next chart.
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Disclosure: No positions