Retail Sector: Getting a Second Wind?

The US retail sector is suddenly exhibiting a few flashes of positive economic data; it is subtle, but the picture is improving. Retail sales are rising, wages are rising, and household financials are in a better position – thus enabling consumers to spend slightly more aggressively. The sudden improvement affirms the notion that at least part of the economic slowdown in the first six months of 2011 was due to temporary disruptions. Further, it suggests the underlying strength of the consumer remains intact. Confidence remains at depressed levels, but assuming there are no additional shocks to the economy or to the fi nancial markets, then consumers should continue to modestly increase their spending, and the retail sector will see improving demand. Click  here or the image below to read the full report:


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