Here is some good retail sales news you probably didn’t know

The analysts at Bespoke Investment Group have done it again.  They have produced an insightful chart on a recent report that provides scale and context to a macro economic report that should matter more than is broadly noted.  Here is what they had to say about the year over year growth in retail sales for June.  “With an 8.1% increase in retail sales over the last year, this June’s reading is the highest y/y reading for the month of June going back to 2005 and the third highest since 1994. Not bad for an economy that some are worried may be sliding into another recession”.  Jeb Terry, Sr. July 14, 2011

Source: www.bespokeinvest.com

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