Free Markets, Free People

Economic Statistics for 21 Aug 12

The following statistics were released today on the state of the US economy:

In weekly retail sales, Redbook’s year-on-year chain store sales growth came in at a 1.9% rate, the 5th time in 6 weeks it’s been below 2%. Redbook’s month-on-month rate is -0.3%, signaling weakness in the upcoming government reports on retail sales. ICSC-Goldman showed a -1.5% sales decrease for the week, and a year-on-year rate of 3.1%, which is down -0.5% from last week.

Dale Franks
Google+ Profile
Twitter Feed

Tweet about this on TwitterShare on FacebookShare on Google+Share on TumblrShare on StumbleUponShare on RedditPin on PinterestEmail this to someone

One Response to Economic Statistics for 21 Aug 12