Retail Sales

Retail Sales are the total amount of merchandise and related services sold to consumers. It is considered a sign of strength of U.S. Consumer spending, which accounts for roughly two-thirds of the economy. This indicator also provides insight into which areas of the retail space are experiencing strong sales.   In July, retail sales declined by 1.12% to $617.7 billion. Excluding auto …

The government definitely wanted to throw a big stick to keep the economy rolling.

It is hard not to start a market update with the following graph.  The economy of the United States is firmly in the hand of the people and their comfort with the state of the Coronavirus.  Ask yourself the following questions: 1.       When would you feel comfortable going to the grocery store? 2.       When would you feel comfortable enough to …