Madison & Wall founderĀ Brian Wieser, the well-known and respected financial analyst focused on media and technology companies, has taken his magnifying glass and combed through the latest U.S. retail sales data, released Thursday by the U.S. Census Bureau.
There’s 2.8% year-over-year growth on an unadjusted basis in May 2023. That’s slower than the inflation rate increase seen in May. What does this mean for broadcast media?