General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCitizen, you must start shopping, per your corporate overlords
WASHINGTON (MarketWatch) - Sales at U.S. retailers were flat in April as Americans continued to be thrifty shoppers, a trend that's intensified since the end of last summer despite cheaper gas. American spent more at restaurants and Internet sites, but they cut back on purchases of autos, home furnishings, electronic goods and fuel. Economists polled by MarketWatch had predicted a seasonally adjusted 0.1% increase in retail sales last month. Sales minus autos rose 0.1%, the Commerce Department said Wednesday, but that fell well short of the 0.4% forecast. Sales minus autos and gasoline edged up a tepid 0.2%. In March, sales were revised to show a stronger 1.1% gain instead of 0.9%. Yet sales in the past 12 months have slowed to a 0.9% rate, the smallest year-over-year gain since October 2009 just after the U.S. exited the Great Recession. Retail purchases have been slowing since August, when the annualized pace of sales briefly hit 5% for the first time since mid-2013.
http://www.marketwatch.com/story/us-retail-sales-flat-in-april-continue-to-slow-2015-05-13
fredamae
(4,458 posts)buying crap we don't need? Besides......after the Fat Cat CEO's here, there and on Wall Street are finished Raiding our Low Pay - paychecks...what's left to buy their cheap, useless crap?
notadmblnd
(23,720 posts)What is this activity for which you advocate?
City Lights
(25,171 posts)Money has been tighter in recent years, and my household is choosier about how we spend our money. My corporate overlords can kiss my ass if they don't like it.
Koinos
(2,792 posts)We will be hitting the flea markets, yard sales, and thrift stores -- as usual.
Good deals, and nothing goes to the corporations.