Downturn Rising, No ‘Glitch’ In Retail Sales

By |2019-03-11T12:24:47-04:00March 11th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

You just don’t see $4 billion monthly retail sales revisions, in either direction. Advance estimates are changed all the time, each monthly figure will be recalculated twice after its initial release. Typically, though, the subsequent revisions are minor rarely amounting to a billion. Four times that? Last month, the Census Bureau reported that retail sales [...]