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Tuesday, March 14, 2006

Trends in Retail Sales

Retail Sales are down today, and the current account deficit is up as Brad Setser expected. Here's a few pictures of the retail sales data (Kash at Angry Bear has a bit more on the retail sales and current account deficit data). I'm not a huge fan of deterministic detrending, and I'm not sure the graphs show a lot we don't know already, though some of you may spot things I missed as I hurriedly put these together. So, for those who are interested, here they are:

    Posted by on Tuesday, March 14, 2006 at 11:30 AM in Economics | Permalink  TrackBack (0)  Comments (2)

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