Retail Sales for November was very USD Positive. All thanks to the Black Friday Super Sales.
If I am not mistaken, Holiday Sales last December was said to be bigger, longer and better than Black Friday. Expect Retail Sales for December to be far better than November in terms of Dollar amount - but not necessarily in Percentage increase over the previous month.
November was 1.1% Better than October.
Estimate for December Retail Sales is 0.5% better than November's.
over at CNBC and Bloomberg TV, I learned that "Consumer Electronics" (such as LCD TVs) were big winners last December due in part to discount. Consumer Electronics are expensive high end items compared to kids' toys.
Signs point to a bigger Retail Sales figure than estimates just my guess.
If I am not mistaken, Holiday Sales last December was said to be bigger, longer and better than Black Friday. Expect Retail Sales for December to be far better than November in terms of Dollar amount - but not necessarily in Percentage increase over the previous month.
November was 1.1% Better than October.
Estimate for December Retail Sales is 0.5% better than November's.
over at CNBC and Bloomberg TV, I learned that "Consumer Electronics" (such as LCD TVs) were big winners last December due in part to discount. Consumer Electronics are expensive high end items compared to kids' toys.
Signs point to a bigger Retail Sales figure than estimates just my guess.