Wednesday, January 14, 2009

Retail Sales Down, But Not That Much

Okay, the U.S. Commerce Department released their adjusted retail sales numbers and retail sales were down 2.7% between November and December 2008.

Whew! That's not so bad. We all knew they weren't going to be up.

However, some retail experts are predicting 2009 to be even worse than 2008. Alas, the naysayers are more interesting to our news outlets.

Scott

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