Retail Sales: A Slim Reed of Hope…Maybe
March 12, 2009 at 12:41 PM EDT
It’s hard to look ahead by looking back, but since there’s no alternative it’s everyone’s favorite sport. So it goes in economic forecasting. We’re all reliant on yesterday’s numbers. Beggars can’t be choosy, but they’re always busy, which brings us to this morning’s update on retail sales for February. The news isn’t good, but it’s not [...]