Retail Sales Falling in the US – a Softer Tone
Retail sales in the US fell short of expectations this month, according to data compiled by the Commerce Department. Retail spending decreased 0.6% from April to March, undermining forecasts of [...]
QUESTION: Marty, Regarding the brief clip of Larry Summer’s opining on why economic declines are hard to predict, I was struck by the 2nd part of his explanation, which seemed to me to indicate that economists would not want to … Continue reading