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home / news releases / SZK - Blockbuster January Retail Sales Presage Gains In Jobs

SZK - Blockbuster January Retail Sales Presage Gains In Jobs

ProShares UltraShort Consumer Goods
  • After 3 months of declines, we saw a huge upturn in retail sales in January.
  • Before adjusting for inflation, retail sales jumped 5.3%. After adjusting for inflation, sales were up 5.0% to a new all-time high.
  • This is very good news and adds to the evidence that once the pandemic is under control, the economy is going to accelerate.

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Blockbuster January Retail Sales Presage Gains In Jobs
Stock Information
Company Name: ProShares UltraShort Consumer Goods
Stock Symbol: SZK
Market: NYSE
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