The Last Two Times Retail Sales Were This Bad, The US Was In A Recession

Sure enough, following a 0.1% dip in September, 'control group' retail sales rose just 0.2% (half the expected 0.4% rise).Furthermore, having fallen 0.3% MoM last month, retail sales ex-autos rose just 0.2% (again missing the expected 0.4% gain).  Read more