Retail Sales Growth Tumbles To 6 Month Lows, Stuck In Recession Territory

Thursday, September 15, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Sep 15, 2016

Having warned that retail sales could be weak (based on BofA’s credit card data), year-over-year growth in retail sales rose just 1.9% (its weakest since March’s plunge) and worryingly in historical recession territory. MoM data was disappointing across the entire spectrum with actual contractions versus expectations of gains (Core -0.1% vs +0.3% exp, and Control -0.1% vs +0.4% exp). This is not what Janet wanted… (or maybe it is)

The Rest…HERE

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