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Caution! We're Being Fed Bogus Data | Stephanie Pomboy

Wealthion - Be Financially Resilient

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What's Going on With the Retail Sales?

Stephanie Coontz: People haven't increased their purchase of stuff for two years. And what's going on here is that the price increase is prices so yes there's been some nominal increases in retail sales but when you real adjust it, they've been flat as this chart shows here with the real data being here in red. Onos: The areas that really drove the strength in this were areas where you've seen massive discounting. For example, there was a big increase in department store sales specifically of women's clothing. As someone who took advantage of some of those discounts I can tell you they were nothing short of massive. This is really sort of a bigger story that we

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