Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.
At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for compelling ‘shorthand’ visualizations.
Whichever path is followed, the point of the journey, almost always, is to reach a bottom line or two.
To provide additional value, ConstructConnect is now pleased to offer an ongoing series of 1,000-word charts.
These will help readers sort out the ‘big picture’ more clearly.
These 1,000-word charts look at the latest retail sales figures in the U.S. (as of April 2021) and Canada (as of March 2021).
Adjusted for seasonality and trading day differences, but not for price changes (i.e., figures are in ‘current’ dollars).
Data is seasonally adjusted. Also, figures are in ‘current’ $s (i.e., no account has been taken for inflation).
Alex Carrick is Chief Economist for ConstructConnect. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks. Mr. Carrick has been with the company since 1985. Links to his numerous articles are featured on Twitter @ConstructConnx, which has 50,000 followers.
Please click on the following link to view the latest retail sales charts for the U.S. and Canada: CanaData Forecaster Charts & Tables – Retail Sales