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Redbook Retail Sales Support View of Slowing Growth

Updated: Dec 6, 2019

Part of our assumptions for 2019 was (especially in the 1H19) US economic growth would slow vs 2018. Many indicators support this including the Redbook index of same store retail sales for the 3/5 week. Growth slowed to 4.2% (still robust by any measure) the slowest pace in 10 months. However, with the trade resolution resolved shortly as per market expectations growth should reaccelerate in the 2H19. At Brecken Capital Advisors we do portfolio management right because we are portfolio managers actively managing risk for our clients. For more insights see our website and disclosures found there at BCA.

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