Nov. Retail Sales: +0.2% vs. +0.5% expected, +0.6% (revised) prior. Ex-auto +0.2% vs. +0.3%...

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Conventional Wisdumb Comments (1802)
 
I'm confused. I thought Cyber Monday and Black Friday were record sales days and therefore sales should have climbed substantially.

Up between 8-30% depending upon the source.

Don't tell me it was just hype again?
13 Dec 2011, 10:12 AM Reply Like

Tack Comments (9260)
 
CW:

With the exception of a single month (May 2010) retail sales have increased every month since October 2009.
13 Dec 2011, 10:24 AM Reply Like

Conventional Wisdumb Comments (1802)
 
Tack,

Just pointing out the difference between hype and reality - that's it.

Headlines from that time included:

"Black Friday Online Retail Spending Up 24.3%"

WSJ
"Black Friday Sales Gains Strongest Since 2007"

Like you punditry of the hype variety really bugs me.
13 Dec 2011, 10:40 AM Reply Like

Impending Comments (2)
 
I believe it is because Cyber Monday and Black Friday are both in October.
13 Dec 2011, 04:39 PM Reply Like