BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024
Retail sales were down over 13 16. 4 is the most on record. Of the 13 categories, only one was up, internet shopping. What we bought we did buy online. Even Grocery Store sales down 12 on the month. I guess we are still eating the macaroni and cheese we bought in march. The control group, leave out food, cars, gasoline, building materials. That was down and that is also a record. That is the part that goes into gdp and in this case does not go into gdp. Not the only data out. Industrial production down 11 . Manufacturing production down 13. 7 . That was the worst number in the history of the i...