Tuesday, January 18, 2011

Electronic sales down in holiday shopping

Source: Haver Analytics

The retail sales data in the US are confirming what I had suggested  in an earlier blog about the slowdown in electronic sales in North America.

The sales data for the United States are suggesting that the electronic sales have followed a general downward trend since early 2009 and whereas furniture and home furnishing stores are showing a recovery as of late, the electronic sales are down by over 10%.

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