In nominal terms, US Retail Sales are still strong, hitting another all-time high in July, up 3.6% over the last 6 months. But after adjusting for inflation, the story changes. Real Retail Sales peaked in April 2021 & are down 1.1% over the last 6 months. Charting via @ycharts https://t.co/CeqlfNpxOV
— Charlie Bilello (@charliebilello) Aug 17, 2022
from Twitter https://twitter.com/charliebilello
August 17, 2022 at 07:55AM
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