Showing posts with label economic statistics. Show all posts
Showing posts with label economic statistics. Show all posts

Apr 15, 2020

JPMorgan research note on record retail sales decline in March

All the toilet paper in the world can't clean up this report.

~ title of a research note from JPMorgan, April 15, 2020

(As reported by CNBC.  Retail sales fell 8.7% in March, the biggest decline since 1992 when the Commerce Department first started issuing the report.)

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