The following chart shows the 12-month moving average of annualized production and nonsupervisory employee hours worked per capita in sporting goods stores, women's clothing stores, and hobby, toys, and game stores. I'm attempting to track an old school Christmas gift theme (a little something for everyone).
Click to enlarge.Been there, done thatTo have experienced the topic under discussion, to the point of boredom or complacency.
Needless to say, I'm not optimistic. This is not investment advice.
Source Data:BLS: EmploymentSt. Louis Fed: Population
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