The NYT's article on retail sales in January was headlined: "Despite Snowstorms, Many Retailers Posted Gains in January." It is important to remember that the comparison is made to January of the previous year. There are always snowstorms in the Northeast and Midwest in January. This is only a factor in the data if the snowstorms were worse than normal. That would not obviously be the case for January of this year.

Btw, it is worth noting that the retail chain store reports are of less value than they had been in prior years because Wal-Mart, which accounts for more than half of chain store sales, no longer reports its sales monthly. Sears, which is the second largest retail chain, also does not publicly report monthly sales. 

It seems the Post is also surprised by snow in January.

Leave your comments

Post comment as a guest

  • No comments found

GuideStar Exchange Gold charity navigator LERA cfc IFPTE

contact us

1611 Connecticut Ave., NW
Suite 400
Washington, DC 20009
(202) 293-5380

let's talk about it

Follow us on Twitter Like us on Facebook Follow us on Tumbler Connect with us on Linkedin Watch us on YouTube Google+ feed rss feed