In response to:

California Sales Tax Collection Drops 40 Percent

larry586 Wrote: Aug 16, 2012 12:13 PM
...tell chu, to chew on this!! oops.....can't see the finger!!.......give thank to the epa, and moonbeam brown...

On Tuesday we heard news that July retail sales rose, breaking a three-month downtrend.

Doug Short at advisor Perspectives has a great set of charts in his report Retail Sales: At Last, an Improvement!

Doug puts the improvement in proper perspective. However, my first thought in reading the report was "July sales will be likely revised lower".

Now I'm Wondering "What's Going on in California?"

My change in perspective come from looking at California State Finances for July...