What’s wrong with this headline?
October 15th, 2008 | Published in Economics, Thoughts
“Retail sales plunge 1.2 percent in September”
I didn’t realize a drop of 1.2 percent was now considered a “plunge.” Gosh, what if it drops 3%? Would that be the end of the world?
Maybe next month’s headline will be: “Retail sales skyrocket 1.3 percent in October.”