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-0.000368098159509216 -0.00082822085889565 0.00101901840490798 -9.20245398772169E-05 -0.000712883435582774 0.00165644171779147 0.00138036809815947 -9.20245398772169E-05
Stock impact report

Consumers Binge Despite Higher Interest Rates, And The Fed Watches Them Nervously [Seeking Alpha]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Company Research Source: Seeking Alpha
from January (red line in the chart below). Year-over-year, retail sales jumped by 4.0%. Not seasonally adjusted (blue line), retail sales jumped 10.1% in March from February to $712 billion. We can see what happened: widespread harsh winter conditions in January added to the normal plunge in January from December. This was followed by a strong bounce in February when normally retail sales fall further. And then in March, there was another strong bounce, as is typical. These increases in sales came despite price decreases in many goods that retailers sell, particularly durable goods – motor vehicles, electronics, appliances, furniture, etc., with prices dropping month-to-month and year-over-year for over a year. But retail sales are from the retailers' point of view, they're not adjusted for inflation/deflation, just like Walmart doesn't adjust quarterly earnings to inflation. Adjusted for the negative inflation rates in many of the goods that retailers sell, retail sales would h Show less Read more
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