Retail Sales beat expectations


December Retail Sales: +0.2% vs. +0.0% expected, +0.4% prior (revised).

Ex-auto +0.6% vs. +0.3% expected, +0.3% prior (revised).

Comments (5)
  • dancing diva
    , contributor
    Comments (2744) | Send Message
     
    When the beat for December is combined with the downward revision for November the number is exactly as expected and should have no impact on economists estimates of Q4 GDP.
    14 Jan 2014, 08:46 AM Reply Like
  • quinnman
    , contributor
    Comments (138) | Send Message
     
    Actually since Nov was revised down .3% the net is actually lower but that doesn't fit the MSM "agenda" of a booming economy
    14 Jan 2014, 09:27 AM Reply Like
  • Christian Peterson
    , contributor
    Comment (1) | Send Message
     
    Long live the MSM. Stay strong!!!
    14 Jan 2014, 11:50 AM Reply Like
  • Gary Jakacky
    , contributor
    Comments (2954) | Send Message
     
    I guess all those people who "Aren't working" also aren't having any trouble spending money. The economy is doing exactly as expected...slow growth in SPITE OF, not BECAUSE OF, government and fed policy.
    14 Jan 2014, 11:30 AM Reply Like
  • Tack
    , contributor
    Comments (16385) | Send Message
     
    Economic Ground Hog Day:

     

    Every year, "it's gonna be a bad Christmas," and every year, it's not.
    14 Jan 2014, 04:47 PM Reply Like
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