economic report update: What's all this?
- 02/15/08 08:29 AM
I usually don't do weekly reports, however as I was getting organized after a busy week, I've noticed some things that I'll like to share. On February 13, the highlight was last month's Retail Sales report with an unexpected +0.3% The surprise was due to the fact that traders were almost counting on a -0.3%. Excluding the automobile sales, we get 0.3% that also turned out to be better than the expected 0.2%. It just makes sense that February could have been a slow month, because as we go through changes in the economy we become more cautious about spending and some times before making additional purchase decisions we … (0 comments)
I usually don't do weekly reports, however as I was getting organized after a busy week, I've noticed some things that I'll like to share.;)
;)
