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What “Strong” June Retail Sales? Y/Y Up Just 1.8% (or Below Inflation) Without Dubious “Seasonal Adjustment”

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What “Strong” June Retail Sales? Y/Y Up Just 1.8% (or Below Inflation) Without Dubious “Seasonal Adjustment”

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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