Wednesday, September 16, 2020

How Life Changed During the Pandemic: Still Loaded with Stimulus Cash, Americans Went Shopping. But Where? | Wolf Street

Total retail sales in August inched up by 0.6% from July, to a new record of $538 billion (seasonally adjusted), according to Census Bureau data this morning. It was the second month in a row of only slight upticks, after big bounce-backs in May and June, from the plunge in March and April. Compared to August 2019, total retail sales were up 2.6%, not adjusted for inflation, with large differences in various categories, from restaurants to auto sales, and we’ll get to those in a moment:

via wolfstreet.com

very interesting charts

https://rightcoast.typepad.com/rightcoast/2020/09/how-life-changed-during-the-pandemic-still-loaded-with-stimulus-cash-americans-went-shopping-but-where-wolf-street.html

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