{"id":23732,"date":"2013-05-13T14:07:11","date_gmt":"2013-05-13T18:07:11","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=23732"},"modified":"2016-09-20T13:59:44","modified_gmt":"2016-09-20T17:59:44","slug":"retail-sales-consumers-doing-their-part-what-next","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2013\/05\/13\/retail-sales-consumers-doing-their-part-what-next\/","title":{"rendered":"Retail Sales &#8211; Consumers Doing Their Part (What Next?)"},"content":{"rendered":"<p>The amazing resilient consumer continues to do their part by continuing to spend. It is not at a big clip and not growing, but they have yet to retreat and close their wallets.<\/p>\n<p>This is totally counter intuitive as the slowing wages and an increase in taxes &#8220;should have&#8221; taken a much bigger bite out of their spending patterns. Of course we are only talking about a 0.1% gain for the April period.<\/p>\n<p>However, this was better than the -0.2% expected. Even more impressive was that the spending (aside from gas stations) was evenly distributed.<\/p>\n<p>It is not all rosy. The previous month&#8217;s numbers <!--more-->were revised and the fact is that the growth is still looking as though it is slowing overall.<\/p>\n<p style=\"text-align: center;\"><a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/andrewhorowitz\" data-show-count=\"false\">Follow @andrewhorowitz<\/a><script type=\"text\/javascript\" src=\"\/\/platform.twitter.com\/widgets.js\"><\/script><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23753\" alt=\"rs1\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2013\/05\/rs1-1.jpg\" width=\"543\" height=\"324\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23752\" alt=\"rs2\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2013\/05\/rs2-1.jpg\" width=\"550\" height=\"337\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-23751\" alt=\"rs3\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2013\/05\/rs3-1.jpg\" width=\"549\" height=\"333\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amazing resilient consumer continues to do their part by continuing to spend. It is not at a big clip and not growing, but they have yet to retreat and close their wallets. This is totally counter intuitive as the slowing wages and an increase in taxes &#8220;should have&#8221; taken a much bigger bite out [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12],"tags":[],"class_list":["post-23732","post","type-post","status-publish","format-standard","hentry","category-markets","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/23732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=23732"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/23732\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=23732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=23732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=23732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}