Retail sales are up 6.5% Y/Y and at an annualized rate of 10.4% in Q1, writes Brian Wesbury,...

Retail sales are up 6.5% Y/Y and at an annualized rate of 10.4% in Q1, writes Brian Wesbury, taking a closer look at this morning's report. Excluding autos, gas, and building materials, annualized sales are up 8.1% in Q1, showing the gains are broad-based. It can't all just be about the weather?
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Comments (7)
  • Joe Eifrid
    , contributor
    Comments (353) | Send Message
    If sales were down in March the media would be talking about 'Mapril' - we need to see what April does to form an opinion about retail strength or weakness. In retail, you need to look at March and April as one 'Mapril'. In addition to the mild whether that may have pulled sales into March, Easter came early as well pushing sales into March. With Easter coming late last year, March was an easy comparison.
    16 Apr 2012, 01:02 PM Reply Like
  • into dark shadows
    , contributor
    Comments (460) | Send Message
    You know Brian, your forever spinning of data to fit your desires is as boring and disingenuous as Bernanke and Geithner's nonsense!


    If you spin wool long enough you get yarn, never gold!
    This garbage you and the perma bulls spin is just that, a yarn!


    Climb out of your ivory tower and join the rest of the working men and women who are running to standstill while you and your ilk talk up an economy that is one side of the grave!


    Wait until the full ramifications of Bernanke and his standard of living killing QE takes hold in earnest!
    You think oil at 100+ is good for the consumer?
    How about another round of wealth destroying QE Bry?
    What do you think will happen when the deflationary depression brought on by more QE and $10 a gallon gasoline will look like?


    Oh yeah, you could give a rat's a** about anything as long as the DOW crosses 20,000!
    You and all the talking heads on BUBBLE TV disgust me!


    God help the poor working man and woman who makes this country great!
    Wait till those socialists at O.W.S. really get going, you think more chaos in the streets is going to be good?


    Remember the "Night Of The Long Knives", those who refuse to learn from history are bound to repeat it,


    May the good lord watch over this fragile little experiment in freedom we call America
    16 Apr 2012, 01:05 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
    Oh dear me, someone is not happy with the numbers.
    16 Apr 2012, 01:08 PM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
    sales are up in price....not units...Inflation at work....raise the price of cereal..and guess what...sales are up...
    16 Apr 2012, 01:14 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
    Inflation rate 8.1%?
    16 Apr 2012, 01:48 PM Reply Like
  • sean.parmelee
    , contributor
    Comments (791) | Send Message
    According to the "real prices in gold" bunch, inflation has averaged 16% annually for over a decade! (But only for gold.)
    16 Apr 2012, 10:10 PM Reply Like
  • OptionManiac
    , contributor
    Comments (3498) | Send Message
    Which has no bearing on my grocery shopping. I can't believe how cheap the blackberries I pour on my oatmeal are these days.
    17 Apr 2012, 06:31 AM Reply Like
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