IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

Wal-Mart and the US Economy

  • Robert Jantzen

    (Iona College, 715 North Avenue, New Rochelle, NY 10801, USA)

  • Donn Pescatrice

    (Iona College, 715 North Avenue, New Rochelle, NY 10801, USA)

  • Andrew Braunstein

    (Iona College, 715 North Avenue, New Rochelle, NY 10801, USA)

Registered author(s):

    The Wal-Mart company, the world's largest retailer and second-largest corporation, is a dominant US business. This study investigates whether there are significant long-run relationships between the business of Wal-Mart and the overall US economy as measured by an array of traditional macro-level variables. Cointegration analysis reveals that Wal-Mart sales generally move counter to overall economic conditions, dampened in more prosperous economic periods and buoyed in more sluggish economic environments. Consequently, trends in Wal-Mart sales may serve as a rather non-traditional contrarian economic bellwether. Eastern Economic Journal (2009) 35, 297–308. doi:10.1057/eej.2008.19

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.

    File URL:
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by Palgrave Macmillan in its journal Eastern Economic Journal.

    Volume (Year): 35 (2009 Summer)
    Issue (Month): 3 ()
    Pages: 297-308

    in new window

    Handle: RePEc:pal:easeco:v:35:y:2009:i:3:p:297-308
    Contact details of provider: Web page:

    Order Information: Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK
    Web: Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:pal:easeco:v:35:y:2009:i:3:p:297-308. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Iulia Badea)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.