The Decelerating Trend In Real Retail Sales Is Unmistakable: From 3-4% in 2010-12 to 1-2% Now

Adding even ill-suited “inflation” measures to the analysis brings in a new element that puts a very big exclamation on the economic erosion. If you take retail sales (ex autos) and deflate it by the CPI-U the deceleration in consumption and spending becomes even more pronounced....
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