Retail sales fall again, end 2015 with whimper Seems 2seaoats BOOMING ECONOMY...ain't booming any more.

Seems 2seaoats BOOMING ECONOMY...ain't booming any more.

Retail sales fall again, end 2015 with whimper

Published: Jan 15, 2016 10:56 a.m. ET

Sales at U.S. retailers drop 0.1% in December

WASHINGTON (MarketWatch) — Sales at U.S. retailers fell slightly in December, as 2015 recorded the slowest pace of gains since 2009.

Retail sales dropped a seasonally adjusted 0.1% last month, the Commerce Department said Friday. Economists polled by MarketWatch had forecast a 0.2% decline.

http://www.marketwatch.com/story/retail-sales-fall-in-december-end-2015-with-whimper-2016-01-15

Are you kidding? This is your proof that the American economy is in some kind of Danger.......like that one dead American a week over almost 15 years, you have to understand context, or in all honesty........you begin to look like you are touched, or rowing the boat with only one oar. The American economy is the most powerful economy in the world. Period.

Yea verily..the world wants our money and we can print, print, print till the forests are but stumps. Then one day our bonds will burst and worthless shall be our paper and the smug face will frown in wonder as the foundation falls away leaving only bare evidence of our pitiful plight and that of the youth that trusted us......

2seaoat wrote:Are you kidding?   This is your proof that the American economy is in some kind of Danger.......like that one dead American a week over almost 15 years, you have to understand context, or in all honesty........you begin to look like you are touched, or rowing the boat with only one oar.  The American economy is the most powerful economy in the world.  Period.

Stock market start for 2016, worst in history.

Stock market start for 2016, worst in history.

After seven years of absolute record growth in the stock market did you really think there would never be a correction?

worthless shall be our paper and the smug face will frown in wonder as the foundation falls away leaving only bare evidence of our pitiful plight and that of the youth that trusted us......

yep, the most productive economic machine the world has ever seen, the most productive agriculture in world history, the world has never seen the wealth in housing, transportation, sewer, water, and communication.......and you think paper money changes any of the reality......we be kicking asz.

2seaoat wrote:Stock market start for 2016, worst in history.

After seven years of absolute record growth in the stock market did you really think there would never be a correction?

worthless shall be our paper and the smug face will frown in wonder as the foundation falls away leaving only bare evidence of our pitiful plight and that of the youth that trusted us......

yep, the most productive economic machine the world has ever seen, the most productive agriculture in world history, the world has never seen the wealth in housing, transportation, sewer, water, and communication.......and you think paper money changes any of the reality......we be kicking asz.

As you know, the Stock Market was being artificially inflated by the wholesale printing of money by the Fed. That money being printed, via a circuitous route, found its way into where? Why the stock market of course. Making the rich, even richer and driving more average investors out of the market.

2seaoat, what is the GDP average for 2015. As you know, anything below 3 is malaise.

U.S. High Frequency GDP Model
A more timely estimate of the U.S. economy's current growth rate and direction.

Over the past few days, our high-frequency GDP model’s estimate of fourth quarter GDP ‌ growth has declined from 1.8% to 1.4% at an annual rate. The biggest hit was delivered by November factory orders, released Wednesday. Inventories fell 0.3% in November, more than the high-frequency model anticipated, and that bit into the expectation for December. Therefore, the build in stockpiles in the fourth quarter is now tracking $36 billion at an annual rate, compared with an $85.5 billion increase in the third quarter. The decline in nominal imports in November also cut into our estimate of the inventory build.

https://www.economy.com/dismal/tools/us-high-frequency-gdp-model

Is this going to be the data point that replaces the LPR?  Retail sales?  Yes, retail sales are not growing as fast as they used to and are in some cases declining.  Those declines are offset by growth in online sales.  If you have a "big picture" vantage point, you see that the decline in retail is not indicative of a broad decline in the economy overall.  Those sales are simply displaced to online channels.  The decline in retail is indicative of changes in behavior or technological improvement.  It doesn't speak to the health of the economy in any sense.

ECO1101 - Introduction to Economics

In other news, Blockbuster video is no longer able to operate a business that provides the service of VHS rental.  Oh no!  The economy must be tanking!  Martial law is just around the corner!

boards of FL wrote:Is this going to be the data point that replaces the LPR?  Retail sales?  Yes, retail sales are not growing as fast as they used to and are in some cases declining.  Those declines are offset by growth in online sales.  If you have a "big picture" vantage point, you see that the decline in retail is not indicative of a broad decline in the economy overall.  Those sales are simply displaced to online channels.  The decline in retail is indicative of changes in behavior or technological improvement.  It doesn't speak to the health of the economy in any sense.

ECO1101 - Introduction to Economics

In other news, Blockbuster video is no longer able to operate a business that provides the service of VHS rental.  Oh no!  The economy must be tanking!  Martial law is just around the corner!

Duhhh...retail sales INCLUDE online sales. Is this new to you? How long have you lived under the delusion that on-line retail sales were not included in...retail sales figures.

Here is a REAL economics course for you and it is FREE!

http://econfaculty.gmu.edu/wew/misc/EconomicsForTheCitizen.pdf

2-3% of GDP growth is not boom or bust cycle stuff, but steady eddie......pass the senate immigration bill and bring 10 million Americans into the economy and you will unleash the machine, but when folks are making it harder for a path to citizenship, we are artificially chilling economic growth as the multipliers apply and we have lost our fricking minds with xenophobic fears destroying main street American business.

2seaoat wrote:2-3% of GDP growth is not boom or bust cycle stuff, but steady eddie......pass the senate immigration bill and bring 10 million Americans into the economy and you will unleash the machine, but when folks are making it harder for a path to citizenship, we are artificially chilling economic growth as the multipliers apply and we have lost our fricking minds with xenophobic fears destroying main street American business.

What is the average for the year?

What is the average for the year?



2.3
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