Economic Statistics for 7 Aug 12
The following statistics were released today on the state of the US economy:
Redbook reports year-on-year same store sales growth at 2.0%, but the 4-week average, at 1.5% is at a recovery low. ICSC-Goldman Store Sales are unchanged from last week, and up only 1.4% from last year, also a recovery low.
The report on Consumer credit is due out this afternoon.