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calculatedriskblog.com - 12/26/2008
More Bad News for Retail Sales
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From the WSJ: Retail Sales Plummet [T]otal retail sales, excluding automobiles, fell over the year-earlier period by 5.5% in November and 8% in December through Christmas Eve, according to MasterCard Inc.'s SpendingPulse unit. When gasoline sales are excluded, the fall in overall retail sales ...
Retail Sales Plummet
online.wsj.com - 12/26/2008
Retail Sales Plummet
— online.wsj.com — Robert Caplin/Rapport For The Wall Street Journal Crowds thronged New York City's tony Fifth Avenue shopping area... yesterday, but sales figures brought little good news for retailers from high-end to low. (more) Retail Sales Plummet
Comments vote down QandO found this 12/26/2008found this
neoneocon.com - 12/26/2008
Post-holiday retail blues
— neoneocon.com — Well, Amazon’s happy. It posted its best holiday sales ever. This is no surprise, because the terrible... weather that combined with the terrible economy to cause nearly everyone else to have a bad sales season would favor internet shopping such as Amazon’s. Even drastic post-holiday ... (more) Post-holiday retail blues

Comments vote down Rover Rover found this 12/26/2008found this
Retail Sales Down
yglesias.thinkprogress.org - 12/27/2008
Retail Sales Down
— yglesias.thinkprogress.org — A touch of “yikes” from the WSJ: When I was in Switzerland, where luxury goods production is... a big deal, a number of people speculated that such items were somehow recession-proof. That didn’t really make sense to me, but ... (more) Retail Sales Down

Comments vote down Eschaton found this 12/27/2008found this

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Angry Bear:  Socking away more in the bank leaves less for splurging at the mall

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Socking away more in the bank leaves less for splurging at the mall
Angry Bear — ... gives us this quote: To be sure, there was a glimmer of positive economic news this week as well, as the Labor Department released figures showing inflation-adjusted consumer spending inched up slightly in November as gas prices fell steeply. The personal savings rate also climbed in November. Socking away more in the bank leaves less for splurging at the mall. Calculated Risk offered a chart to demonstrate this uptick, and a quick note on retail sales this month suggesting a sharp drop in spending to the tune of 4% ...

Related: best after christmas sales, december 26 sales, christmas retail sales, tv sales
A Christmas Story Retold
themoderatevoice.com 12/24/2008 — (Click the cartoon for a full size image.) You may pardon the cartoonist for this on the Eve of Christmas. But still, it will not be long until the sales reports come in. Still, good tidings to you and all of your kin! For more, visit Small World Cartoons .
Holiday Retail Sales Plummet Despite Price-Slashing
huffingtonpost.com 12/26/2008 — Price-slashing failed to rescue a bleak holiday season for beleaguered retailers, as sales plunged across most categories on shrinking consumer spending, according to new data released Thursday. Despite a flurry of last-minute shoppers lured by the deep discounts, total retail sales, ...
Black Christmas — QandO
T he initial reports of Christmas retail sales for 2008 are in, and they don’t paint a pretty picture . Price-slashing failed to rescue a bleak holiday season for beleaguered retailers, as sales plunged across most categories on shrinking consumer spending, according to new data released ...
America can’t win with its critics — Stop The ACLU
"Retail Sales Plummet," read the Christmas headline in the Wall Street Journal. "Sales plunged across most categories on shrinking consumer spending." Hey, that's great news, isn't it? After all, everyone knows Americans consume too much. What was it that then Senator Obama said on the subject? ...
America can't win with its critics — THE ASTUTE BLOGGERS
"Retail Sales Plummet," read the Christmas headline in the Wall Street Journal. "Sales plunged across most categories on shrinking consumer spending." Hey, that's great news, isn't it? After all, everyone knows Americans consume too much. What was it that then Senator Obama said on the subject? ...
— Dissecting Leftism
America can't win with its critics "Retail Sales Plummet," read the Christmas headline in the Wall Street Journal. "Sales plunged across most categories on shrinking consumer spending." Hey, that's great news, isn't it? After all, everyone knows Americans consume too much. What was it that ...
Still accomplishin' missions — Rising Hegemon
The "Oops, I crapped my pants" Presidency winds up as only it can : Despite a flurry of last-minute shoppers lured by the deep discounts, total retail sales, excluding automobiles, fell over the year-earlier period by 5.5% in November and 8% in December through Christmas Eve, according to ...
Retail Sales Plummet — The Page by Mark Halperin
WSJ on price-slashing failing to rescue a bleak holiday season for beleaguered retailers, as sales plunged across most categories. Plus: CNNMoney on a Grinchy holiday at the mall. And: AP on post-Christmas shopping not expected to be enough to save retailers from a terrible ...
Video Games Booming Despite Economy — Drudge Retort
Although the U.S. retail industry has projected the slowest Christmas sales growth in six years, the video game industry is on track to increase revenues by 30% in 2008.
Even More on Home Sales — Calculated Risk
Lots of housing news today ... New Home Sales Lowest since 1982 Existing Home Sales Plunge And here is an analysis of existing home turnover (not pretty), and NSA data showing the existing home sales plunge was worse than the headline number. And now some more graphs ... Click on graph ...
Home Sales Drop To 18-Year Low — The Huffington Post | Full News Feed
WASHINGTON — Sales of new homes fell in November to the slowest pace in nearly 18 years, while new home prices dropped by the biggest amount in eight months. The Commerce Department reported Tuesday that new home sales fell 2.9 percent to a seasonally adjusted annual sales pace of ...
New Home Sales in November — Calculated Risk
The Census Bureau reports , New Home Sales in November were at a seasonally adjusted annual rate of 407 thousand. This is the lowest sales rate since 1982. Click on graph for larger image in new window. The first graph shows monthly new home sales (NSA - Not Seasonally Adjusted). Notice ...
Retailers Taking The Christmas Out Of Christmas — Stop The ACLU
Anyone surprised? And with the holiday that dare not speak its name almost upon us, nowhere is that phenomenon more noticeable, or more indefensible, than in the advertising sales circulars of the national retail chains that come by the dozen in newspapers, especially on Sundays. A review of ...
Retailers Taking The Christmas Out Of Christmas — Pirate's Cove
Anyone surprised? And with the holiday that dare not speak its name almost upon us, nowhere is that phenomenon more noticeable, or more indefensible, than in the advertising sales circulars of the national retail chains that come by the dozen in newspapers, especially on Sundays. A review ...
Global cooling hits the Australian State of Victoria — THE ASTUTE BLOGGERS
Where have Victoria's days of summer gone? Cool and cloudy days have forced beach lovers indoors, and bikini and ice cream sales have slumped. One ray of sunshine is a bright outlook for Christmas - long range forecaster John Moore says Christmas Eve will be fine and 26 [Celsius], and Christmas ...