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Economic Statistics for 29 Jan 13

The following US economic statistics were announced today:

Consumer confidence continues to drop, with the January index falling to 58.6, the lowest in two years.

The State Street Investor Confidence Index rose to 86.8, despite economic concerns among institutional investors in Europe.

S&P Case-Shiller reports home prices rose 0.6% in November, and were up 5.5% on a year-over-year basis.

In weekly retail sales, Redbook reports another slow week, with a 1.6% increase from the previous year. ICSC-Goldman reports a weekly sales decrease of -1.0%, and only a 2.0% increase on a year-over-year basis.

Dale Franks
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