Economic Statistics for 6 Nov 12
The following US economic statistics were announced today:
In weekly retail sales, Redbook reports only a 0.8% increase from the previous year. ICSC-Goldman reports a weekly sales decrease of –0.2%, and a weak 1.4% increase on a year-over-year basis. Obviously, these numbers are the result of Hurricane Sandy’s disruption.
That’s all the economic news for the day. Other than that, I can’t think of a single event that I might talk about today.
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Dale Franks
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That other thing may well be whether the USA buys a few more years before Civil War II and collapse, or whether the same things happen in the next two years. In sum: Two more years or ten more years.