{"id":5794,"date":"2009-11-16T18:00:07","date_gmt":"2009-11-16T23:00:07","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=5794"},"modified":"2016-09-20T05:22:23","modified_gmt":"2016-09-20T09:22:23","slug":"empire-state-manufacturing-stalls-retail-sales-rise-somewhat","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2009\/11\/16\/empire-state-manufacturing-stalls-retail-sales-rise-somewhat\/","title":{"rendered":"Empire State Manufacturing Stalls, Retail Sales Rise (Somewhat)"},"content":{"rendered":"

Last week we had a look at the Johnson Redbook numbers that showed a slowdown in sales. This week we are seeing another rise in the comparative numbers, but strip out autos that could be leftover from the cash-for-clunkers. Of course some is the demand from Asia.<\/p>\n

The first chart shows just how much the inclusion of autos in the retail numbers on a month over month basis helped to boost the number (seasonally adjusted). The bottom chart shows that on a year-over-year basis, retails sales are starting to show relative signs of life again.<\/p>\n

Vote for The Disciplined Investor Podcast in the 5th Annual Podcast Awards<\/strong><\/a><\/p>\n

\"\" <\/a><\/p>\n

From Bloomberg<\/strong>:<\/p>\n

\n

Advance Retail Sales reported 1.4% vs. 0.9% Estimate. Retail Sales Less Autos were reported at 0.2% vs. 0.4% estimates, lower then expectations. \u00a0 Retail Sales Excluding Automobiles and Gasoline came in as expected at 0.3%.<\/p>\n<\/blockquote>\n

\n

\"Retail<\/a><\/p>\n

Empire Manufacturing was reported at 23.51 vs. expectations of 30.00. The first decline in 5 months.<\/p>\n

\"Empire<\/a><\/p>\n

___<\/p>\n

Disclosure: Horowitz & Company<\/a> clients may hold positions of securities mentioned as of the date published.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last week we had a look at the Johnson Redbook numbers that showed a slowdown in sales. This week we are seeing another rise in the comparative numbers, but strip out autos that could be leftover from<\/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":[5,12],"tags":[481],"class_list":["post-5794","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-economy","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\/5794","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=5794"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/5794\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=5794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=5794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=5794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}