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Retail Sales Increase For May Defies Experts

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May retail sales released today by the U.S. Commerce Department show total retail sales (which include non-general merchandise categories such as autos, gasoline stations and restaurants) increased 1.0 percent seasonally adjusted from the previous month. 



That’s DOUBLE the growth economists expected.

WOW! Maybe the economy really isn’t as bad as we continue to be told. Maybe those economic stimulus checks so highly derided worked. Maybe shoppers are just sick of worrying and are returning to normalcy.

As each month of 2008 proceeds, the doom and gloom-sayers are upset their dire predictions from 2007 haven’t come to pass.  The talking heads continue to say, “Well yes, but this doesn’t prove anything, wait until (new fear) happens.” We’re now halfway into 2008 – there is no recession.

Yes, there are some real issues facing our sales efforts worldwide.  Our economic lifestyle is being manipulated back and forth both with speculators in the oil markets as well as an ongoing pessimistic attitude from the media.  If the pundits were employees, they would have been fired from your store long ago for attitude.

As Winston Churchill said, “We have nothing to fear but fear itself.”  Go out there and sell something!

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