Cold weather chills retail sales, jobless claims up

Comments (23)
dualcitizen wrote:

How will they spin this one. Whose fault: Bush, cold weather (yeah suuure that’s why they laid people off, it was cold), sequester, capitalism, global warming, what?

Feb 13, 2014 9:41am EST  --  Report as abuse
mountainrose wrote:

Been warm out West

Feb 13, 2014 10:24am EST  --  Report as abuse
SaveRMiddle wrote:

Pathetic journalism. Had the unnamed economists polled predicted lower “numbers”, the headline would be positive “Retails Sales Up Despite Cold Weather”.

How did Guesses/Opinions take total headline precedence over true comparisons using just the facts?

Economists are A Dime A Dozen. I could spend all day attempting to find two who agree.

Feb 13, 2014 10:37am EST  --  Report as abuse
SaveRMiddle wrote:

My previous comment…if I had the ability to edit it, I would. The article does contain facts but why contaminate it and especially the headline with opinions? Would the article simply be too short?

This reader is so tired of being headline “led”. IMHO, doing so degrades the integrity of this media outlet.

Feb 13, 2014 11:01am EST  --  Report as abuse
gcf1965 wrote:

“Sales in December were revised to show a 0.1 percent fall instead of the previously reported 0.2 percent rise.
The second month of declines in sales likely reflected frigid temperatures across many parts of the country.”

Anyone surprised by yet another unexpected…..? Another downward revision, another laying of blame on weather (because we have never had cold weather before, especially in Dec/Jan).

“first quarter growth is slower than we anticipated” newsflash, hope is not an economic policy, you actually have to do something besides cross your fingers and click your heels, but hey, I guess enough people are ok with the hopey/changey thing that is a demonstrated disaster.

“But I still don’t think this data is trend changing.” – No, of course not, things are still going downhill, with nothing but the occassional ripple to give the hope and change crowd a warm fuzzy feeling about the state of the nation.

“In a separate report, the Labor Department said initial claims for state unemployment benefits rose 8,000 to a seasonally adjusted 339,000 in the week ended February 8.
Economists polled by Reuters had forecast first-time applications for jobless benefits slipping to 330,000″ – Hey Reuters, I am sure your economists are getting paid more than I am, how about we split the difference and you hire me, I can’t be any more wrong than they are, and I promise never to be surprised at any inaccuracies that arise from my half-baked predictions

Feb 13, 2014 11:19am EST  --  Report as abuse
sabrefencer wrote:

hmm, who does great business because it is cold or snowing…oil, gas, home entertainment etc etc etc…you know the economy keeps buzzing along, in any kind of weather….maybe, its just the policies, of the obama govt, that has caused the lackluster results..

Feb 13, 2014 12:08pm EST  --  Report as abuse
gcf1965 wrote:

sabrefencer, shhhhh, no, it is the weather, that’s what they were given as talking points.

Feb 13, 2014 12:27pm EST  --  Report as abuse
ByeBye_USA wrote:

Right. Weather got the blame last time, too, for the construction industry…even though it was the second strongest numbers returned in a weak overall report.

Feb 13, 2014 12:34pm EST  --  Report as abuse
izrahim wrote:

First of all writing a comment on Reuters is not an easy thing, it seems that they are not welcome as its a hassle. Now that I have managed to place a comment I would like the reporter of this article to come out with straight talk about the drop on retail sales, now its the snow then its the rain now too hot- none of these is the real reason. The people do not have jobs, many millions on part time jobs trying to make ends meet they have no money and fifty millions on food stamps and Obama Care too expensive are some of the reasons and unfortunately is going to get drastic where already large stores are laying off hundreds of employs with more lay offs around the corner. The consumer society could well come to a screeching halt as people will only buy what really need instead of buying on impulse. Maybe switching off the advertisements peddling products might help.

Feb 13, 2014 1:14pm EST  --  Report as abuse
ineeditbad wrote:

How Pathetic is this??? Hiding “Jobless Claims Up” ” Retail Sales Fall in January” and Blame it on the Weather???? OMG… We are All Doomed…
I LIVE in MASS. Right now, I got 2 inches of snow…please…

Feb 13, 2014 1:17pm EST  --  Report as abuse
ineeditbad wrote:

Does anyone know the Commenter USAPragmatist2 or close to on the User ID spelling? He Flames Everyone as Obama Haters on their Posts. Would LOVE to see his Viewpoint on this one:)

Feb 13, 2014 1:24pm EST  --  Report as abuse
Crash866 wrote:

Deflecting and grasping at straws…again…

Feb 13, 2014 1:39pm EST  --  Report as abuse
Crash866 wrote:

You voted…for this…twice…

Feb 13, 2014 1:39pm EST  --  Report as abuse
gcf1965 wrote:

ineedit, I can give you a synopsis of his/her view – things are great becasue obama said so, if you don’t believe, then look at the numbers and twist them until you see things the way obama tells you to. Ignore anything that does not adhere to the leftist agaenda and then close by calling everyone righties/obama haters and racists without acknowledging any validity to an opposing viewpoint.

Feb 13, 2014 3:16pm EST  --  Report as abuse
SoutherRican wrote:

Just like the Christmas season, stores have an item for sale $139.00, when on place on sale, marketing says Was: $152.00 now $139.00. Bottom line it is BS, this is what Walmart did on a lot of items before, during and after Christmas. But shoppers are too stupid to notice that nothing changed. That Ladies and Germs, is known as Marketing in the business world and Bull$—, on the street.

Feb 13, 2014 3:20pm EST  --  Report as abuse
bertanderson wrote:

Markets ignoring the slowing signs…this is normal. It happened in 2000 and in 2008 again, I’ve been around to see them both. Make your own educated analysis. Don’t be fooled by these sucker rallies. They are necessary for the institutional guys to sell higher before things really start to drop.

Feb 13, 2014 3:33pm EST  --  Report as abuse

LOL you all are funny, more concerned about whether I am posting or not then what to do the help the economy(in this case the job market).

I have decided to not waste my time on this thread as busy day at work and no one has said anything productive, just more of the same ‘Obama sucks’ or ‘it a government conspiracy to portray things as well’ BS.

How about you propose something sensible that is not more of the same that got us into this mess (30+years of ‘supply-side’ economics to put it simply), instead of just saying ‘Obama sucks’.

and if you think it is Obama’s policies, maybe you could enlighten us with your reasoning and data points to back up your reasoning. That is what economists do, and much of the underlying data (Like the number of people who has job but could not work) backs up those assertions. You all are obviously not looking for this data(I know too busy posting how bad Obama is), for example number of people that have a job, but are unable to work, was a record in December. I did not look it up for January.

Feb 13, 2014 4:57pm EST  --  Report as abuse
bluremi wrote:

“Unusually cold winter weather.” “Unseasonably cold temperatures.”

Yeah, it’s February…

Feb 13, 2014 9:19pm EST  --  Report as abuse
74LS08 wrote:

it’s an 0Bamacare stupid!

Feb 13, 2014 9:52pm EST  --  Report as abuse
WeAreLosingIt wrote:

negative numbers come out…Reuters columnist heads to computer…lo and behold, the word “unexpectedly” HAS ALREADY BEEN TYPED OUT for him….

Feb 13, 2014 10:18pm EST  --  Report as abuse
Crash866 wrote:

USAPragmatist2
The current facts maybe you should look at them. The current facts are he does suck.

“for example number of people that have a job, but are unable to work, was a record in December.” Really these are the straws you are grasping at now. You lemmings never cease to amaze.

Feb 14, 2014 10:25am EST  --  Report as abuse
Crash866 wrote:

USAPragmatist2 wrote:

“LOL you all are funny, more concerned about whether I am posting or not then what to do the help the economy(in this case the job market).”

You mean like when Obama took office in 2009 and quit focusing on jobs & the economy like he campaigned on and went right after health care. Remember that?

Feb 14, 2014 10:29am EST  --  Report as abuse
Crash866 wrote:

USAPragmatist2
“How about you propose something sensible that is not more of the same that got us into this mess (30+years of ‘supply-side’ economics to put it simply), instead of just saying ‘Obama sucks’.”

Hey USAPrag

Seems like those who think Obama suck are in the majority now

http://www.realclearpolitics.com/epolls/other/president_obama_job_approval-1044.html

Facts suck eh….

Feb 14, 2014 10:33am EST  --  Report as abuse
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