Economic Statistics for 2 Apr 13
Here are today’s statistics on the state of the economy:
Automakers are reporting the strongest monthly sales in 6 years for March. Ford, GM: 6%, Chrysler: 5%, Toyota,Nissan 1%.
In weekly retail sales, ICSC-Goldman Store Sales rose 4.7% for the week, but are up only 1.9% from last year. Redbook reports a strong year-on-year sales increase of 3.5%.
Factory orders rose 3.0% in February, and January’s number was revised upwards by a full 1% to -1.0%. Ex-Transportation, orders rose only 0.3%, however.