If you read this headline,…
November retail sales fall short
…you and most people would think that the wheels are coming off this economic expansion. Right? But, the truth, go down to the 6th paragraph and you get this interesting tidbit.
Much of the weakness in November's sales was due to a 5.9 percent drop in sales at gasoline stations -- a direct result of the decline in gas prices last month and hardly bad news for consumers. The drop in that category was the largest decrease since April 2003. When excluded, retail sales rose 1.0 percent in November.
1.0% increase! Who is kidding who here. And, gas prices down. A double boost.
These MSM people are shameful.
Posts
