Retail sales report for oct totally manipulated again

Discussion in 'Economy' started by Neubarth, Nov 16, 2009.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    Here is the news release. Notice that they brought September way down so they could say that October had an increase. They can do this by manipulating end of month figures from September 30th to October 1st and have been playing with the numbers since Obama came into office. Corrupt as hell.
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

    The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for October, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $347.5 billion, an increase of 1.4 percent (±0.5%) from the previous month, but 1.7 percent (±0.5%) below October 2008. Total sales for the August through October 2009 period were up 1.5 percent (±0.3%) from the same period a year ago. The August to September 2009 percent change was revised from -1.5 percent (±0.5%) to -2.3 percent (±0.3%).

    Retail trade sales were up 1.4 percent (±0.7%) from September 2009, but 2.1 percent (±0.5%) below last year. Gasoline stations sales were down 15.0 percent (±1.3%) from October 2008 and building material and garden equipment and supplies dealers were down 15.0 percent (±1.8%) from last year.

    RETAIL SALES
    OCT 2009 +1.4%
    SEP 2009 - 2.3 %
    AUG 2009 -0.2%
    JUL 2009 -0.1
     
  2. Neubarth
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    Neubarth At the Ballpark July 30th

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    The sheeple, of course, will eat this shit up and say, "Look at the tremendous rise from September! We are on our way to recovery for sure!"

    Sadly, averaged over the past two months, one can see that the numbers are just a fish flopping out of water in its death spasms.
     

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