The retail report is the proverbial hot mess of numbers because of sales by auto dealers and gas stations, both moving in opposite directions.
A report on October retail sales indicates low gas prices are taking some pressure off consumers.
A flat retail sales reading shows consumers are on the couch.
Growth in retail sales largely reflects sales of cars and the fuel to run them.
A report showing a very weak economic performance during the first quarter is already being discounted.
Winter may have ended, but weak retail numbers show many merchants still felt a chill in April.
It’s still mostly quiet on the inflation front, and that’s not necessarily a good thing.
We learn this week how consumers, retailers and homebuilders weathered the winter.
As the weather thaws, will frosty foreign relations chill markets and the economy?
Is the economy just under the weather? This week’s reports will be mined for clues.