The great decline begins. Or is it just WMT?

[Hoov]

The "numbers" were that retail grew in Dec and Jan. "They" didn't say where. I wonder how much sporting goods propped up the figures? Now that the shelves are bare and credit card bills are due, how much will the economy actually grow?

 

[IndVet]

If one has a hour to spend listen to facts and figures, "There Will Be No Economic Recovery. Prepare Yourself Accordingly"

http://youtu.be/bYkl3XlEneA

Lol, ah yes! Youtube, the definitive authority.

 

[dutchwrangler]

Lol, ah yes! Youtube, the definitive authority.

The alternative is the JMSM? Based on the timestamp of my previous post and your post, you didn't listen to the video in the link I provided.

 

[inactive]

The "numbers" were that retail grew in Dec and Jan. "They" didn't say where. I wonder how much sporting goods propped up the figures? Now that the shelves are bare and credit card bills are due, how much will the economy actually grow?

http://www.foxbusiness.com/news/2013/02/13/us-retail-sales-rise-01-in-january/

Grocery store sales rose 0.6% and electronics stores saw a 0.2% boost. Building material sales were remained elevated, rising 0.3%, likely because of rebuilding efforts in the aftermath of superstorm Sandy.
The report showed that excluding autos, retail sales were up 0.2% in January after rising a 0.3% increase the previous month.
January's modest gain in overall retail sales came after an unrevised 0.5% gain for November.
The Commerce Department's retail sales report can be found at http://www.census.gov/retail/marts/www/marts_current.pdf.

You should check the PDF. It's short and pretty interesting, really.


(New) Car production is not tracked in this figure, but are a good indicator to gauge consumer spending. Their manufacturing was down slightly in January:

http://news.yahoo.com/us-factory-output-falls-weak-auto-production-141755775--finance.html

But it is up a good amount over the last several years:

http://wardsauto.com/site-files/wardsauto.com/files/datasheets/gated/UsaSa01summary_1.xls

Year	Cars		Trucks		Total
2012	7,241,900	7,544,036	14,785,936
2011	6,089,403	6,951,210	13,040,613
2010	5,635,432	6,136,787	11,772,219
2009	5,400,890	5,200,478	10,601,368
2008	6,769,107	6,724,058	13,493,165
2007	7,562,334	8,897,981	16,460,315
2006	7,761,592	9,287,389	17,048,981
2005	7,659,983	9,784,346	17,444,329
2004	7,482,555	9,816,018	17,298,573

 

[LightningCrash]

you didn't listen to the video in the link I provided.

Some people here are hearing-impaired. Better to use text, a medium that you know they can consume.

 

[Shootin 4 Fun]

Gee, I hate to see Wal Mart struggle.

 

[imasoonerfan]

Gee, I hate to see Wal Mart struggle.

 

[Lightsluvr]

The answer is simple... Wal-Mart's guns and ammo sales are down 100% (pick a number) from this time last year... If the hunters and shooters aren't coming in the door, they're also not buying Uncle Roys, deer pi$$, beer, or all those other necessities... That's enough to impact the bottom line...

JMO

LL

 

[tran]

Gee, I hate to see Wal Mart struggle.

Right! That means poor little Chinese companies are suffering because that where 99% of their stuff come from... I hate that!

 

[TerryMiller]

Lol, ah yes! Youtube, the definitive authority.

But, but, but.....

.....everything on the internet HAS to be true. I even heard a "somewhat" hot chick say that in a State Farm commercial.

Seriously, YouTube is a source for every Tom, Dick, and Harry to get himself out there spouting something, many times wrongly. I can't even stand to watch them regarding firearms as most have absolutely no communication and presentation skills. If the time stamps between the two posts were important as to how long the video is, I really would rather have something readable, especially since it allow me to back up and re-read passages easier.