On Tue, 05 Feb 2008 11:57:07 -0500, Mani Deli <nothing@[EMAIL PROTECTED]
>
wrote:
>2) The _re****ted official annual CPI inflation_ rate of 4.1%
>exceeded re****ted annual growth in December, 2007 retail sales.
>
>“Though still shy of reality, the December CPI inflation rate was high
>enough to take the re****ted 4.1% annual growth in December retail
>sales into contraction, net of inflation. Such rarely is seen outside
>of recessions and is particularly ominous where retail outlets often
>make or break their year with holiday sales.”**
Real GDP has actually been in decline since Sept.
Inflation adjusted, real GDP looks like this:
Date Value
2007M12 11,676.51
2007M11 11,677.40
2007M10 11,678.29
2007M9 11,679.18
2007M8 11,673.38
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