The United States had a lot on its plate the last couple weeks. With the financial bailout, fuel shortages, and disaster cleanup. So this weeks sales across the board in North America are not surprising to me in the least. All of these things have associated costs, and they cause consumers to be reluctant to spend.
I know some posters here are unfamiliar with what actually occurs for example if you suffer a multiple day power outage. Your priorities take on a new light you need flashlights, candles, batteries, ice, propane, and water. The stores have a run on these items, and even after the turmoil is over you are out a large sum of cash. Frustrated by any deductible you must pay for damages before your insurer pitches in their share.
Simply put these things really do hit the wallet, and hit the wallets of millions in the United States. Then to exacerbate problems you have troubling financial concerns from Wall street. So when anybody looks at this weeks numbers you should realize they are weaker across the board then they should be.
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