Euro Usa

By · Friday, November 20th, 2009

Euro Usa

December 2009

Although retail sales fell in November, sales of pick up in December in the signs of recession and increased hours of great purchases of expensive items before the VAT increase in January. Compared with very weak sales data, turnover in December 2008, annual figures show a strong improvement to mask the deficiencies continued in the retail sector.

January 2010

Signs of problems retailers are beginning to emerge. Some retailers have not benefited from an increase in sales and are forced to move to management.

February 2010

Back to darkness retail sales to continue government and the impact of the VAT hike weighs on consumer confidence and willingness to spend. Global capital markets have begun to flatten the investment markets in question the strength of the recovery. The optimism is waning sales and retail are beginning to suffer.

March 2010

Consumers face the distraction of a close and hard fought general election. Messages of hope and austerity sales confound expectations. The Conservative Party is elected with a slim majority, ensuring a viable political environment.

April 2010

A initial momentum of optimism following the change of government gives a temporary rise in retail.

May 2010

The "Conservative Party of Emergency" the budget and planned tax increases begin to have an impact, taking the shine of the new government. An announcement of substantial cuts in public sector spending and freezing pay increases the prospect of industrial action. Public sector employees who have been rather isolated from the recession begins to feel the impact of the recession.

June 2010

The World Cup offers a temporary distraction, such as sales of football merchandise, memorabilia and TVs high definition full support of higher retail sales.

July 2010

There are mixed economic news. The global economic recovery the rate is recovering after a second quarter lull. However, the signs of future interest hikes in the UK, USA and the Euro zone, poses problems for mortgage holders.

August 2010

A long hot summer increases social tensions. The threat of strikes by public sector begins to increase. The interruption is of short duration and public sympathy does not come.

September 2010

Investors will return from their summer vacation with a renewed sense of optimism. The private sector is growing in confidence as the recovery begins to build steam. Unemployment is beginning to fall as the creation private sector jobs offset the loss of public sector jobs.

October 2010

Increased consumer confidence and declining unemployment is slow to translate into higher retail sales. Cautious spending habits expected to continue for some time. Shops in South Wales qualify for the Ryder Cup, retailers, while enjoying a weekend of Halloween.

November 2010

The first rise in base rate by the Bank of England is bad news home owners, but also provides positive indications that the economy continues to take interim measures of return to normality.

December 2010

Solid Christmas sales figures, but without a significant increase in December 2009. It was a year with many ups and downs, but most retailers are happy to know that the worst is over, the economy is growing, unemployment is falling and things are gradually moving towards normalcy.

Carl Malways (economist) – writing for http://www.theretaildatabase.com.

The Retail Database lists the details of all major shopping destinations in the United Kingdom, providing a reference point for everyone interest in retail, from those looking for a place to shop to retailers researching possible store locations.

Carl Malways is a well known economist, regularly commenting upon economic events, the state of the labour market and the retail environment. With a history of working in economic consultancy and within large FTSE 100 organisations, Carl specialises in bringing economics to life in a rigorous but accessible style.

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