The monthly retail and food services report came out on Monday, and experts across the board agree that the
numbers do not support a vigorous recovery. Retail sales dropped for the third straight month, a trend
that has not occurred since 2008.
On the other hand, retail sales increased by 3.8 percent since June
2011, and the auto industry, which faced grave prospects just a few years ago, experienced
a healthy rebound, with sales growing 8.7% over the past year.
About TeachingwithData.org
TeachingWithData.org is a partnership between the Inter-university Consortium for Political and Social Research (ICPSR) and the Social Science Data Analysis Network (SSDAN), both at the University of Michigan. The project is funded by NSF Award 0840642, George Alter (ICPSR), PI and William Frey (SSDAN), co-PI.
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