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The Motley Fool asks when will retail finally turn the corner. The numbers are looking so bleak that Wal-Mart has elected to stop issuing it's numbers on a monthly basis. Is retail still the prime indicator, or have consumer trends changed so much that retail numbers are no longer a reliable indicator of the state of the economy?
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Posts:
35,379
Registered:
12/1/04
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(3 of 3)
Re: When will retail turn?
Aug 6, 2009 10:21 PM
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hi Donna
I think retail stats more closely mirror the Main Street economy. The stock market going up is showing something else, I don't quite understand what. Maybe that when companies lay off tens of thousands of employees they make more profit?
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Posts:
30,905
Registered:
9/5/01
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(2 of 3)
Re: When will retail turn?
Aug 6, 2009 9:46 PM
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Forgot about them. I haven't listened to them in a long time.
I drive by malls and shopping centers and the lots are full. 
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Posts:
563
Registered:
1/17/08
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(1 of 3)
Aug 6, 2009 9:39 PM
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The Motley Fool asks when will retail finally turn the corner.
The numbers are looking so bleak that Wal-Mart has elected to stop issuing it's numbers on a monthly basis. Is retail still the prime indicator, or have consumer trends changed so much that retail numbers are no longer a reliable indicator of the state of the economy?
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