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russotto · 01-31-2003, 04:35 PM

The article doesn't deny those dismal retail reports -- non-durable goods increased only 0.2 Nov->Dec.

Durable goods made up the difference -- Jaguar had a tongue-in-cheek commercial about buying a Jaguar as a Christmas gift, maybe people just didn't understand the pseudobritish humor and bought them. Along with those Lexuses you mention.

Unfortunately they didn't give the seasonally-adjusted rate (Dec 2001 to Dec 2002)

01-31-2003, 04:35 PM	#3
russotto Professor Join Date: Jan 2001 Posts: 1,788	Re: Consumer spending for December: WAY UP The article doesn't deny those dismal retail reports -- non-durable goods increased only 0.2 Nov->Dec. Durable goods made up the difference -- Jaguar had a tongue-in-cheek commercial about buying a Jaguar as a Christmas gift, maybe people just didn't understand the pseudobritish humor and bought them. Along with those Lexuses you mention. Unfortunately they didn't give the seasonally-adjusted rate (Dec 2001 to Dec 2002)