Lessons of E-Commerce Explosion in China

Lessons of E-Commerce Explosion in China

The second World Internet Conference (WIC), also known as the Wuzhen Summit, will take place Dec 16 -18, in Wuzhen, Zhejiang. Chinese President Xi Jinping will attend the conference and address the opening ceremony. It takes place amid dramatic expansion of Chinese e-commerce, thanks to great market potential and government’s supportive policies. In early spring, […]

U.S. Retail Sales Revived In October

Just when it looked like the trend in retail sales was set to flash a danger sign for the business cycle, consumers rallied with a sharply higher rate of spending. Headline retail sales increased 0.4% in October, reversing September’s flat performance and rising the most since June. The gain surprised most analysts, based on the consensus […]

US Retail Sales: October 2013 Preview

US retail sales are expected to rise 0.3% in tomorrow’s update for October vs. the previous month, according to The Capital Spectator’s average econometric forecast. That compares with the previously reported 0.1% decline for September. Meanwhile, the Capital Spectator’s average projection for October is moderately higher than estimates in consensus forecasts based on recent surveys of […]

Follow up to yesterday’s post: Euro area consumption and Investment in Q2 2013

Yesterday I illustrated the unsustainable accounting growth engine of imports occurring in the euro area (EA). Today I’ll present more of a forward looking analysis on private domestic demand within the euro area: consumption and investment. If current levels of real retail sales hold at the euro area level, then the contributions to growth in […]

European Daily Catch: Unemployment and Retail

Global labor reports prevailed today, but the US employment report took center stage. I’ll not comment on that report, so as to keep with my generally all things European theme here at The Wilder View. However, a quick sift through my feed reveals rather cynical takes: see Dean Baker’s comments here and here; Spencer’s take here;  Jake’s […]