Goldman: Retail Recoveries Are Getting Weaker And Weaker

U.S. retail sales have rebounded since the crisis, but it’s been one of the weakest recoveries in a very long time according to Goldman Sachs.

In fact, it’s as if retail sales rebounds have been getting weaker and weaker since the 1970s, as shown below.

Chart

(Via Goldman Sachs, Americas: Retail, 15 October 2010)

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