TSX:AX.PR.E - Post by User
Comment by
Torontojayon Sep 18, 2024 7:20am
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Post# 36228529
RE:RE:RE:RE:RE:RE:RE:Us retail sales
RE:RE:RE:RE:RE:RE:RE:Us retail sales
DZtrader wrote:
I get all the stats, only they are not really indicative of your original comments to which I replied.
You mean that you were wrong right?
I just showed you that retail has been contracting for at least 3 years now, hence retail is in a recession.
The Nber looks at retail along with several other indicators when they make their assessment on whether or not the US is in a recession. Most of these indicators are flashing red. The only thing left is non farms payroll and real gdp which is likely to be revised lower in 2025.