June Retail Sales Stronger Than Expected, Inflation holds steady.

[ntdz]

http://www.foxnews.com/story/0,2933,162486,00.html

More good economic news. 1.7% jump in a month is HUGE.

http://www.foxnews.com/story/0,2933,162484,00.html

Inflation also held steady as a paultry .3%. Take out gas and food, and it was .1%.

It appears our economy is doing better than some libbies want to admit.

 

[Train]

And the annual "back to school" bump in retail sales is just around the corner...

 

[Krk3561]

but...but...but... you're a doodie head!

 

[conjur]

Helps when a few major auto manufacturers start offering cars at employee discounts. Take out the car sector and you have:

Excluding this sector, which can swing sharply from month to month, retail sales rose 0.7 percent after a revised flat reading in May

Still, 0.7% climb for a month in retail sales isn't too bad.

 

[Train]

Originally posted by: conjur
Helps when a few major auto manufacturers start offering cars at employee discounts. Take out the car sector and you have:

Excluding this sector, which can swing sharply from month to month, retail sales rose 0.7 percent after a revised flat reading in May

Still, 0.7% climb for a month in retail sales isn't too bad.

Ooh so we can pick and choose which sectors to avoid when aggregating stats? I'll take gas out of inflation stats and sit in awe of the 1.2% annual inflation rate.

 

[ntdz]

Originally posted by: Train

Originally posted by: conjur
Helps when a few major auto manufacturers start offering cars at employee discounts. Take out the car sector and you have:

Excluding this sector, which can swing sharply from month to month, retail sales rose 0.7 percent after a revised flat reading in May

Still, 0.7% climb for a month in retail sales isn't too bad.

Ooh so we can pick and choose which sectors to avoid when aggregating stats? I'll take gas out of inflation stats and sit in awe of the 1.2% annual inflation rate.

LOL, nice.

 

[irwincur]

Can't be Bush is in office, there is no way his tax cuts for the 'rich' could have proved to be this helpful...

 

[conjur]

Originally posted by: Train

Originally posted by: conjur
Helps when a few major auto manufacturers start offering cars at employee discounts. Take out the car sector and you have:

Excluding this sector, which can swing sharply from month to month, retail sales rose 0.7 percent after a revised flat reading in May

Still, 0.7% climb for a month in retail sales isn't too bad.

Ooh so we can pick and choose which sectors to avoid when aggregating stats? I'll take gas out of inflation stats and sit in awe of the 1.2% annual inflation rate.

I said 0.7% is still a decent rate. And the big increase is from a fluke in the market (the employee-discount car sales). If the rate maintains at 1.7% or so then we have a nice economy going.

BTW, gas prices affect those of lower incomes quite a bit, don't forget.

 

[Train]

Originally posted by: conjur

Originally posted by: Train

Originally posted by: conjur
Helps when a few major auto manufacturers start offering cars at employee discounts. Take out the car sector and you have:

Excluding this sector, which can swing sharply from month to month, retail sales rose 0.7 percent after a revised flat reading in May

Still, 0.7% climb for a month in retail sales isn't too bad.

Ooh so we can pick and choose which sectors to avoid when aggregating stats? I'll take gas out of inflation stats and sit in awe of the 1.2% annual inflation rate.

I said 0.7% is still a decent rate. And the big increase is from a fluke in the market (the employee-discount car sales). If the rate maintains at 1.7% or so then we have a nice economy going.

right, so by your logic, factoring in the price of gas compared to when it was $1 a gallon is a-ok.

BTW, gas prices affect those of lower incomes quite a bit, don't forget.

wtf does that have to do with this discussion?

 

[conjur]

Originally posted by: Train

Originally posted by: conjur

Originally posted by: Train

Originally posted by: conjur
Helps when a few major auto manufacturers start offering cars at employee discounts. Take out the car sector and you have:

Excluding this sector, which can swing sharply from month to month, retail sales rose 0.7 percent after a revised flat reading in May

Still, 0.7% climb for a month in retail sales isn't too bad.

Ooh so we can pick and choose which sectors to avoid when aggregating stats? I'll take gas out of inflation stats and sit in awe of the 1.2% annual inflation rate.

I said 0.7% is still a decent rate. And the big increase is from a fluke in the market (the employee-discount car sales). If the rate maintains at 1.7% or so then we have a nice economy going.

right, so by your logic, factoring in the price of gas compared to when it was $1 a gallon is a-ok.

WTF? Put down the crack pipe

BTW, gas prices affect those of lower incomes quite a bit, don't forget.

wtf does that have to do with this discussion?

People of middle and lower incomes aren't feeling the benefits of any sort of economic recovery. They're seeing their spare income disappear into the gas pump.

 

[bamacre]

I know my sales were WAY up at the end of June, and early July. I did my biggest week ever during the July 4th holiday.

 

[Engineer]

Very nice.

GM probably accounted for lots of that with their whopping 46% sales gains (cleared out 26% of their inventory in one month which is great if you're an auto supplier like my company! ).

Let's see if the new incentives by other auto companies do the same...I hope so.

 

[Train]

Originally posted by: conjur

Originally posted by: Train

Originally posted by: conjur

Originally posted by: Train

Originally posted by: conjur
Helps when a few major auto manufacturers start offering cars at employee discounts. Take out the car sector and you have:

Excluding this sector, which can swing sharply from month to month, retail sales rose 0.7 percent after a revised flat reading in May

Still, 0.7% climb for a month in retail sales isn't too bad.

Ooh so we can pick and choose which sectors to avoid when aggregating stats? I'll take gas out of inflation stats and sit in awe of the 1.2% annual inflation rate.

I said 0.7% is still a decent rate. And the big increase is from a fluke in the market (the employee-discount car sales). If the rate maintains at 1.7% or so then we have a nice economy going.

right, so by your logic, factoring in the price of gas compared to when it was $1 a gallon is a-ok.

WTF? Put down the crack pipe

So you can "adjust" numbers as you see fit because of temporary factors, yet others arent allowed to do the same? conjur you have sunken to a scuzzball when it comes to presenting statistics, you cherry pick and massage data worse than any politician I've ever seen. You have no standards at all, if you could at least use the same rule book in each of your arguments, you might be worth arguing with. What am i saying, no you wouldn't.

BTW, gas prices affect those of lower incomes quite a bit, don't forget.

wtf does that have to do with this discussion?

People of middle and lower incomes aren't feeling the benefits of any sort of economic recovery. They're seeing their spare income disappear into the gas pump.[/quote]The point it it has nothing to do with a jump in retail sales, but nice try at steering the thread.

 

[Bowfinger]

Originally posted by: Train

Originally posted by: conjur
[ ... ]
People of middle and lower incomes aren't feeling the benefits of any sort of economic recovery. They're seeing their spare income disappear into the gas pump.

The point it it has nothing to do with a jump in retail sales, but nice try at steering the thread.

Did you read the OP?

[ ... ]
Inflation also held steady as a paultry .3%. Take out gas and food, and it was .1%.

It appears our economy is doing better than some libbies want to admit.

Most people have to pay for staples like gas/energy and food. Trying to exclude them is disingenuous and substantially understates the actual cost of living.

That said, the big jump in retail sales is good news. It is another positive sign the economy is slowly recovering, though not the everything's-rosy, Pollyanna tale as many Bush faithful insist. A 3.7% annual increase in the CPI isn't the end of the world ... if wages are keeping up. They aren't, so it's an area of legitimate concern.

 

[Isla]

I have been doing my patriotic duty!


<--shopping queen

 

[Train]

I'll take wall streets actions as a better indicator of wether this is good or bad news:

Dollar edges higher on retail sales data

Looks like it was taken as good news.

 

[Bowfinger]

Originally posted by: Train
I'll take wall streets actions as a better indicator of wether this is good or bad news:

Dollar edges higher on retail sales data

Looks like it was taken as good news.

"Most people have to pay for staples like gas/energy and food. Trying to exclude them is disingenuous and substantially understates the actual cost of living.

"That said, the big jump in retail sales is good news. It is another positive sign the economy is slowly recovering, though not the everything's-rosy, Pollyanna tale as many Bush faithful insist. A 3.7% annual increase in the CPI isn't the end of the world ... if wages are keeping up. They aren't, so it's an area of legitimate concern."

 

[umbrella39]

I don't think I ever remember a time in recent history where one group has tried so desperately to convince the masses that black is white. Who the hell do you think you guys/girls are kidding any way? Give it a rest already.

Hint: If you have to constantly post the faux good news every day, you are trying too hard and you are fighting a loosing battle. The truth doesn't need a mass email list and talking points. You make better windows than doors because we can all see right though the lies.

Have a nice day.

 

[charrison]

Originally posted by: umbrella39
I don't think I ever remember a time in recent history where one group has tried so desperately to convince the masses that black is white. Who the hell do you think you guys/girls are kidding any way? Give it a rest already.

Hint: If you have to constantly post the faux good news every day, you are trying too hard and you are fighting a loosing battle. The truth doesn't need a mass email list and talking points. You make better windows than doors because we can all see right though the lies.

Have a nice day.

It is odd that you think any positive news is somehow faux...BUt enjoy basking in your doom and gloom, at least you have alot of liberal company there.

 

[umbrella39]

Originally posted by: charrison

Originally posted by: umbrella39
I don't think I ever remember a time in recent history where one group has tried so desperately to convince the masses that black is white. Who the hell do you think you guys/girls are kidding any way? Give it a rest already.

Hint: If you have to constantly post the faux good news every day, you are trying too hard and you are fighting a loosing battle. The truth doesn't need a mass email list and talking points. You make better windows than doors because we can all see right though the lies.

Have a nice day.

It is odd that you think any positive news is somehow faux...BUt enjoy basking in your doom and gloom, at least you have alot of liberal company there.

Live in Michigan for one year and tell me the same thing. Good news is good news, spinning into something that it is not is dishonest.

Edit: I am not refering to this post in particular but the big picture.

 

[Moonsabie]

this helps to http://www.washingtonpost.com/wp-dyn/co...cle/2005/07/13/AR2005071301660_pf.html thanks to the great MAHA Rushie http://www.rushlimbaugh.com/home/today.member.html

 

[Moonsabie]

Umbrella39 do you have a full belly did you get a good education or getting one.? If so your doing pretty damn well so stop complaining and looking for bad news it puts a real downer on your day. Unless band news makes you happy *shrug

 

[conjur]

Great and Rush are two words that do NOT belong together. Unless "Great" is immediately followed by "drug abuser"

 

[Train]

Originally posted by: umbrella39
...
Live in Michigan for one year and tell me the same thing. Good news is good news, spinning into something that it is not is dishonest.

I live in Michigan. Have been here since 1998, with a few exceptions like when I spent some time back in Ohio and when I was out of state on Military duty. Things are pretty decent for me and my friends. And we're on the east side of the state, the worst part of all. My g/f just got a $5k a year promotion, with better benefits. I was laid off in september, and was already working at a better paying job within 5 weeks. It just takes a little ambition. Granted this is still the worst state in the country as far as job growth, If I can manage here, I'm pretty confident I can manage anywhere.

 

[dmcowen674]

Originally posted by: umbrella39

Originally posted by: charrison

Originally posted by: umbrella39
I don't think I ever remember a time in recent history where one group has tried so desperately to convince the masses that black is white. Who the hell do you think you guys/girls are kidding any way? Give it a rest already.

Hint: If you have to constantly post the faux good news every day, you are trying too hard and you are fighting a loosing battle. The truth doesn't need a mass email list and talking points. You make better windows than doors because we can all see right though the lies.

It is odd that you think any positive news is somehow faux...BUt enjoy basking in your doom and gloom, at least you have alot of liberal company there.

Live in Michigan for one year and tell me the same thing.

Good news is good news, spinning into something that it is not is dishonest.

Edit: I am not refering to this post in particular but the big picture.

I'm sure once Michigan votes Red that everything will magically be fine and ducky there like the rest of Country that votes Red.