On June 17, ContraryInvestor.com had a chart that showed retail sales per capita since 2005. Total retail sales, as depicted, includes autos and gasoline:
Below the Retail Sales Per Capita is a chart of the S&P Retail Sales Index.
Of course, this view of total retail sales, on a per-capita (factoring in population growth) basis, is not one that is often seen. I've posted it as I believe that this "per-capita" view is an important one, for many reasons.
SPX at 1027.37 as this post is written
It would be interesting to see a long term chart of real retail sales per capita to capture the inflation adjusted change in this metric as chained to population growth in order to reveal a clearer picture of GDP construed as "70%" consumption driven.
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