During the Last Financial Crisis, Even Ecommerce Sales Plunged. Not This Time by Wolf Richter • May 19, 2020 • 64 Comments Ecommerce Spikes to Record. Mall Stores Got Hung Out to Dry. Walmart’s Online Sales, Still Woefully Behind, Shot Up 74%
A Word About the Current Chaos in Prices and Inflation by Wolf Richter • May 12, 2020 • 187 Comments Some prices collapsed, others skyrocketed, and the Consumer Price Index went haywire. Here’s what I’m seeing beyond the near term — and it’s not “deflation.”
Subprime Auto Loans Blow Up, Get Very Messy by Wolf Richter • May 5, 2020 • 159 Comments With 30 Million Unemployed, Even Prime Loans Will Get Messy
How Far Will the U.S. Economy Plunge During Lockdown? by Wolf Richter • Apr 21, 2020 • 387 Comments “Three times deeper than the Great Recession?”
Here’s Where Retail Sales Spiked and Collapsed in 11 Mind-Blowing Charts of Lockdown Land by Wolf Richter • Apr 15, 2020 • 165 Comments But department stores will never recover; they were toast before the lockdowns.
From Panic-Buying to Lockdowns of Eateries & Manufacturing: Truckers, Railroads Face Supply Chain Turmoil, Spikes & Plunges by Wolf Richter • Apr 14, 2020 • 168 Comments “There has been a clear divide between winners and losers.”
How Lockdowns Hit U.S. New & Used Vehicle Sales: Beyond Ugly by Wolf Richter • Apr 8, 2020 • 218 Comments When the unemployment crisis exploded onto the scene three weeks ago, sales totally collapsed. What’s in store for the industry?
Foretaste of the Lockdown-Driven Collapse in the Services & Retail Sectors: Holy Moly, What a Catastrophic Mess by Wolf Richter • Mar 31, 2020 • 220 Comments Services account for 70% of the US economy. Here’s what’s happening to services and retail in economic powerhouse Texas.
Post-Lockdown New Normal: Many Brick & Mortar Stores Will Not Reopen, CMBS will Default, Mess to Ensue by Wolf Richter • Mar 30, 2020 • 245 Comments Neither the Fed nor the Treasury can bail out brick-and-mortar retailers.
Has the Coronavirus Hit US Consumer Spending Yet? by Wolf Richter • Feb 28, 2020 • 83 Comments In January, consumers carried on in hunky-dory land.