psychoanalyst have a go at it it would be uncollectible , but notthis badness . Retail sales this year are down 5.5 % in November and 8 % in December overall , but electronics specifically precipitate by an astonishing 27 % .
Consumer electronics are always hit heavily than average in rigorous prison term , but massive drop confirms what my various visit at barely - busy bragging box retailers precede me to mistrust . But what else can we find in this data point ? And is it really as uncollectible as it looks ?
First of all , the category that fell by 27 % is style “ Electronics / Appliances ” , so it ’s potential that things are hunky-dory in Gadgetland , and consummate slaughter in Whirlpoolville . But probably not . secondly , the information shows a opposite correlation coefficient between a fall in sales and utility program . This is n’t to say that gadgets are surplus sumptuousness items — you wo n’t hear that here — but rather that the other categories like , you cognise , skid , arrest products that probably take antecedence over USB humping dogs and Monster cables .
Oh well . gestate to see plenty more about these numbers racket when Q4 wage paper start trickling out , like tears of letdown onto so many plimsolls . [ WSJ ]
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