Normal low is what we got with the latest retail sales report. "Retail sales were flat" should have been the news from the latest sales reports, since after you adjust for gas, sales were down nationally a small .2%. A decline of point two percent is the monthly sales impact of a rain storm on a Saturday for us. No bid deal. Also, this data contradicts the big retail headline we saw with retailers having the worst monthly sales on record:
Retail chain-stores reported the weakest monthly sales on record, but the government data don't back that up. One difference: The government tries to adjust its figures for the timing of the Thanksgiving holiday, while the stores don't.