US Retail Sales up Scant 0.1 Pct. in April; Spending Online and on Furniture, Electronics Dips

ABC News ^ | May 13, 2014

[Oldeconomybuyer]

U.S. retail sales growth slowed in April, with consumers shopping less online and cutting back on purchases of furniture and electronics.

The Commerce Department says retail sales rose just 0.1 percent last month, after surging 1.5 percent in March following a harsh winter that had curtailed shopping.

The modest sales suggest that consumers continue to be cautious during the still-slow, nearly 5-year recovery.

[Oldeconomybuyer]

[Cringing Negativism Network]

Bring back American jobs.

Why buy something, if it was made in China?

[Soul of the South]

If the government statisticians couldn’t fudge the data any more than this the real numbers must have been horrible.

[unixfox]

The modest sales suggest that consumers continue to be cautious during the still-slow, nearly 5-year recovery.

5 year recovery? These people are so predictable.

[areukiddingme1]

Hash tag - Obamanomics sucks and blows!!!

[Iron Munro]

US Retail Sales up Scant 0.1 Pct. in April;
Spending Online and on Furniture, Electronics Dips

[Opinionated Blowhard]

When you take everyone’s money for taxes, they have nothing left to spend on anything else.

[johnny reb]

Just paid my health insurance premium NO money left to buy any goodies now!

[Covenantor]

Just paid my health insurance premium NO money left to buy any goodies now!

Well, then there's that high medical deductible. $5k deductible means $2.50/hr of take home pay to set aside for medical treatment before Obamacare kicks in.

Whoops, my bad. Don't get to $5k until the end of the year. Better make that $5/hr of take home pay set aside and pray you don't need medical care until July.

Invest in Ramen.

here's the arithmatic:

40 hr/wk x 50 weeks = 2000 hrs.

$5k deduct/2000 hrs = $2.50 per hour

that's cash money

[MCF]

Well, at least they quit blaming the cold winter weather.

[Opinionated Blowhard]

I got a raise this year, which was completely eaten up by additional taxes. Its depressing.

[Thorliveshere]

The tax “refund” money ran out.

[Gritty]

The modest sales suggest that consumers continue to be cautious during the still-slow, nearly 5-year recovery.

...5-year recovery?

RECOVERY!!??

BWAHAHAHAHAAAHAAA! Please stop it!! You're killing me!!!

[trisham]

"The bravest are surely those who have the clearest vision
of what is before them, glory and danger alike,
and yet notwithstanding, go out to meet it."

~Thucydides

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[dfwgator]

RECOVERY!!??

"You keep using that word....I don't think it means what you think it means."

[Texas resident]

Yeah 5 year recovery.

Kind of like Cuba’s 50 year revolution.

[Neidermeyer]

Kind of like Cuba’s 50 year revolution.
********************
Why not? There’s been a blockade for 50 years... /s

[BenLurkin]

bttt