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U.S. retail sales drop biggest in 11 months, but seen as a b

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katsung47

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U.S. retail sales drop biggest in 11 months, but seen as a b

PostThu Jan 29, 2015 10:02 pm

U.S. retail sales drop biggest in 11 months, but seen as a blip

By Lucia Mutikani

WASHINGTON Wed Jan 14, 2015

The Commerce Department said on Wednesday retail sales fell 0.9 percent, the biggest decline since last January, after increasing 0.4 percent in November.

http://www.reuters.com/article/2015/01/ ... HY20150114


How can people have no money to spend while more people get employed?
------------------------
US jobless rate falls to 5.6% in best year since 1999

By Paul HandleyJanuary 9, 2015

Washington (AFP) - The US unemployment rate fell to 5.6 percent in December, the lowest level in six and a half years, as the country capped its best year for job creation since 1999.

http://news.yahoo.com/us-unemployment-r ... 39065.html
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sarah

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Re: U.S. retail sales drop biggest in 11 months, but seen as

PostFri Jan 30, 2015 2:52 pm

Personally I tend not to trust statistics when it comes to things like the unemployment rate, they fudge the numbers for political purposes and don't count large swaths of the 'unemployed' to make it look better. Even many of those who are 'employed' are only working part-time for minimum or close to minimum wage and struggling to make ends meet. There is also a lot of hidden inflation going on where the masses are paying more for less while the corporations make it look like people are getting the same or more value for their money but they see at the cash register that the hidden inflation for everyday items is rising.

hidden inflation of every day items thread
viewtopic.php?f=7&t=2257&hilit=hidden+inflation
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katsung47

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Re: U.S. retail sales drop biggest in 11 months, but seen as

PostMon Feb 09, 2015 11:26 pm

CEO of Gallup admits 5.6% unemployment is a big lie.

The Big Lie: 5.6% Unemployment
by Jim Clifton
February 3, 2015

Here's something that many Americans -- including some of the smartest and most educated among us -- don't know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.

Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.
(Jim Clifton is Chairman and CEO at Gallup.)

http://www.gallup.com/opinion/chairman/ ... yment.aspx
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katsung47

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Re: U.S. retail sales drop biggest in 11 months, but seen as

PostSat Feb 21, 2015 10:36 pm

Big Layoffs Begin at eBay and PayPal

February 2, 2015 By Jason Del Rey

http://recode.net/2015/02/02/big-layoff ... nd-paypal/

2,400 people in the technology sector are being kicked to the curb.
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katsung47

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Re: U.S. retail sales drop biggest in 11 months, but seen as

PostThu Mar 05, 2015 1:17 am

There’s blood on the Street: Obama economy in “recovery?” Banks just cut 50,000 jobs. Bank revenues lowest in 8 decades- since Great Depression.

Submitted by IWB, on January 19th, 2015

Read more at http://investmentwatchblog.com/theres-b ... pyHHjAZ.99
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katsung47

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Re: U.S. retail sales drop biggest in 11 months, but seen as

PostSun Mar 15, 2015 11:41 pm

Huge Corporate La Target layoffs will hit 1,700 today, with another 1,400 jobs going unfilled

Article by: EVAN RAMSTAD, JOHN EWOLDT and KRISTEN LEIGH PAINTER , Star Tribune staff writers
Updated: March 12, 2015

Target Corp. cut 1,700 people at its corporate offices in the Twin Cities on Tuesday, the largest downsizing of its headquarters staff ever and the biggest at any Minnesota company since 2002.

http://www.startribune.com/lifestyle/295752841.html
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katsung47

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Re: U.S. retail sales drop biggest in 11 months, but seen as

PostThu Mar 26, 2015 11:02 pm

Retail sales drops consecutively for three months.

Image
chart

Harsh weather freezes US economy for a 2nd year, though the slowdown is likely temporary
Associated Press March 12, 2015

Retail sales fell 0.6 percent in February, the government said Thursday, the third straight drop.

http://www.usnews.com/news/business/art ... hases-drop
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katsung47

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Re: U.S. retail sales drop biggest in 11 months, but seen as

PostTue Apr 07, 2015 12:02 am

Greenspan warns: There will be a “significant market event… something big is going to happen”

February 23, 2015


By Mac Slavo | SHTFPlan

With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic highs.

According to Lundin, the former Fed chairman made it clear that the central bank is facing a serious problem and one that will have significant ramifications in the future.

https://www.intellihub.com/federal-rese ... to-happen/
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katsung47

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Re: U.S. retail sales drop biggest in 11 months, but seen as

PostFri Apr 17, 2015 11:54 pm

'The dollar will fall substantially' - James Turk, precious metals expert

09.04.2015
The Chinese have taken every effort over the last five years to be included in the SDR when the next rewriting comes in September and October. China may move further away from western institutions and create other Asian institutions like the Asian Infrastructure Investment Bank.

http://english.pravda.ru/news/business/ ... ar_fall-0/
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katsung47

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Re: U.S. retail sales drop biggest in 11 months, but seen as

PostTue May 05, 2015 11:05 pm

Major U.S. Retailers Are Closing More Than 6,000 Stores
By Michael Snyder, on May 1st, 2015

If the U.S. economy really is improving, then why are big U.S. retailers permanently shutting down thousands of stores? The “retail apocalypse” that I have written about so frequently appears to be accelerating. As you will see below, major U.S. retailers have announced that they are closing more than 6,000 locations, but economic conditions in this country are still fairly stable. So if this is happening already, what are things going to look like once the next recession strikes? For a long time, I have been pointing to 2015 as a major “turning point” for the U.S. economy, and I still feel that way.

http://theeconomiccollapseblog.com/arch ... 000-stores

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