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One News Page » Category » Business » Wednesday, 18 November 2009 » CHART OF THE DAY Look Retail Sales Actually

Information / Related NewsOpen Full Story in New WindowCHART OF THE DAY: Look, Retail Sales Actually Grew From Last Year

Reported by Business Insider on Wednesday, 18 November 2009 (on November 18, 2009)
Business Insider













Here's your consumer rebound. According to Horowitz & Company retail sales were up an incredibly thin .07% in October compared to last year. Of course, that's virtually nothing, and we're comparing it to a month where everyone thought the world is coming to an end. But still!
Notably some higher-end companies such as Nordstrom have shown impressive percentage gains most recently. Nordstrom went from a 2.4% year over year decline in September to a 6.5% gain in October. Unless we're mistaken about Nordstrom's product line, you can't blame that on Cash for Clunkers.


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