Stress-Testing Forecasts For Tomorrow’s November Retail Sales Report
December 12, 2012 at 16:20 PM EST
Will tomorrow’s retail sales update for November bring pain or pleasure for the increasingly delicate and high-stakes art/science of deciding where the business cycle’s headed? October’s report was somewhat sobering, thanks to a 0.3% drop in consumption—the first since June. Some of the weakness was blamed on Hurricane Sandy. If so, will November’s numbers bounce [...]