Surprisingly Weak is 0.1% Down?

Wal-Mart sees weak sales as holiday season starts.

I guess when you're expecting same-store year over year revenue increases, its always a surprising turn when the number comes up with a minus sign out front.

Wal-Mart isn't the only one suffering as the housing market cools across the country. The story doesn't meantion what monthly sales in actual dollars are for Wal-Mart, like the .1% decline this November.

The larger economic trend this signals is more ominous as the entire economy may be stumbling a bit right now, led by the housing market.

Tags: , , , , ,
blog comments powered by Disqus