U.S. consumers are sending mixed signals about whether the economic downturn is bottoming.
March retail sales results released today show an end to the promising run of month-over-month growth in comps, and a steep decline compared to March 2008.
With those results and the mixed comps from industry retailers we reported last week, I decided to check the latest readings on two economic indicators to see if they provide any clarity.
But first, those U.S. retail results.
U.S. consumers are sending mixed signals about whether the economic downturn is bottoming.
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Posted in: Executive Edition
Tagged with: Executive Edition, National Retail Federation, sales, U.S. Commerce Department
