Something Has To Give Here

[n2doc]

Last edited Thu Feb 13, 2014, 08:11 PM - Edit history (1)

January retail sales data were not good by any measure, and they have economists trying to fit the puzzle pieces together today.

The chart above — from Neil Dutta, head of U.S. economics at Renaissance Macro — does an excellent job of illustrating the frustration. Recent retail sales data just don't square with recent jobs data.

"Something has to give," says Dutta.

"There is a widening disconnect. Either retailers stick with it and stay confident on the expectations that sales will improve, or they will be forced to cut employment dramatically."

http://www.businessinsider.com/retail-jobs-going-up-sales-going-down-2014-2

on edit: Why am I reminded of this:

[upaloopa]

1. You pay people sub standard wages and wonder why they

Last edited Thu Feb 13, 2014, 07:41 PM - Edit history (1)

ain't shopping!
It isn't rocket science.

[diabeticman]

2. this should be another fact to pormote a increase in the min wage. IF people don't have money

they can't buy.

[otherone]

3. this darkness has got to give..

[bravenak]

4. Maybe they don't have enough money to shop.

Cause they don't get paid well. 8 bucks an hour doesn't go very far.

[democratisphere]

5. Waiting for the other shoe to drop, and it will unless.....

the extreme weather in the US ends soon and Americans have a few disposable dollars left to spend after paying for their very high heating bills.

[1000words]

6. The troughs are growing more pronounced, the peaks more muted.

[Lurks Often]

7. Or more and more people are switching to online shopping

Aside from foodstuffs and other basic stuff such as TP, etc, it is often cheaper and easier to shop online.

Be interesting if the report had provided more information on what store types are showing the biggest decreases in sales.

[dixiegrrrrl]

8. This tells you why it has to give...

<img src='' alt='akcs-www' title='akcs-www' />

pasted with permission from Market Ticker