Comments on: December Retail Sales +3.6% here are 3hree Reasons Why http://blog.compweather.com/2010/01/december-retail-sales-2-8-here-are-3hree-reason-why/ Sat, 06 Mar 2010 22:19:42 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Bill Kirk http://blog.compweather.com/2010/01/december-retail-sales-2-8-here-are-3hree-reason-why/comment-page-1/#comment-2423 Bill Kirk Thu, 21 Jan 2010 14:10:25 +0000 http://blog.compweather.com/?p=393#comment-2423 Charlie, Good morning. We are not tracking retail food and services sales but rather the International Council of Shopping Centers tally of 70 major broadline retailers that include the likes of Kohl's, Target, Saks, CVS, Nordstorm's, etc. Broadline retailers if you will which does not include auto, grocery, etc. ICSC actually revised their December number up to +3.6% which was the best performance/gains since November 2007. Hope this helps. Bill Charlie,

Good morning. We are not tracking retail food and services sales but rather the International Council of Shopping Centers tally of 70 major broadline retailers that include the likes of Kohl’s, Target, Saks, CVS, Nordstorm’s, etc. Broadline retailers if you will which does not include auto, grocery, etc. ICSC actually revised their December number up to +3.6% which was the best performance/gains since November 2007. Hope this helps.

Bill

]]> By: Charlie http://blog.compweather.com/2010/01/december-retail-sales-2-8-here-are-3hree-reason-why/comment-page-1/#comment-2422 Charlie Thu, 21 Jan 2010 13:15:35 +0000 http://blog.compweather.com/?p=393#comment-2422 Bill: The report that came out this week stated: The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for December, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $353.0 billion, a decrease of 0.3 percent (±0.5%)* from the previous month, but 5.4 percent (±0.5%) above December 2008. I may be missing something but I am trying to reconcile the +2.6% WTI projection with the Census report. Any clarification would be greatly appreciated. Thanks in advance! Charlie Bill:
The report that came out this week stated:

The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for December, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $353.0 billion, a decrease of 0.3 percent (±0.5%)* from the previous month, but 5.4 percent (±0.5%) above December 2008.

I may be missing something but I am trying to reconcile the +2.6% WTI projection with the Census report. Any clarification would be greatly appreciated. Thanks in advance!

Charlie

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