Economic Statistics for 09 Apr 13
Here are today’s statistics on the state of the economy:
The NFIB Small Business Optimism Index dropped 1.3 points in march to 89.5, 1.2 points below the recovery average.
February wholesale inventories fell -0.3%, while sales rose 1.7%, pulling the stock-to-sales ratio down to 1.19.
In weekly retail sales, Redbook reports a 2.5% year-on-year sales increase, as sales slowed following the Easter week. ICSC-Goldman store sales rose 0.7% in the week, with sales up a soft 2.1% year-over-year.