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NEW YORK, Aug 25 (Reuters) - Redbook Research on Tuesday released the
following seasonally adjusted weekly data on U.S. chain store sales:
Year-over-year: Week (w/e 8/22/09 vs year ago) -4.4 pct
Year-over-year:Month (August 2009 vs August 2008) -4.4 pct
Month-over-month: (August 2009 vs July 2009) -0.7 pct
The Johnson Redbook Retail Sales Index is a sales-weighted index of
year-over-year same-store sales growth in a sample of large U.S. general
merchandise retailers representing about 9,000 stores.
Originally posted by KSPigpen
Thanks for the consistently bad news, ten. I know, don't shoot the messenger. Do you think we will have to wait till Christmas before we are told how really bad things are?
Originally posted by GreenBicMan
reply to post by Tentickles
That is year over year
Everything from last year is down pre september
Retail Index was up big today
Originally posted by marg6043
This is so funny, people didn't buy school clothes because they were busy buying cars.
And now they show that they were also busy buying new homes, as the government is now claiming that the mortgage crisis is over.
Let no forget that job loses are still high, but don't worry by the end of the months the government figures will show that jobs are growing.
The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 106.3 in July, down 0.9 percent from June.
FDR sponsored “make-work” programs instead of real work programs. Thus, instead of helping businesses create jobs that create wealth—and it’s wealth that creates other jobs and prosperity— FDR had us build roads and bridges and plant trees.