Free Markets, Free People

Economic Statistics for 30 Apr 13

Here are today’s statistics on the state of the economy:

The Conference Board’s consumer confidence index rose 6.2 points to 68.1 in April.

The Chicago Purchasing Managers Index fell 3.4 points to 49 in April. A reading below 50 indicates economic contraction, and this is the first negative reading for the Chicago PMI since September 2009.

The S&P/Case-Shiller 20-city home price index rose 1.2% in February, up 9.3% from last year.

The Employment Cost Index rose 0.3% in the 1st Quarter, a gain of 1.8% from 1Q 2012.

ICSC-Goldman reports a weak 0.4% increase in chain-store sales last week, and only a 2.6% increase from last year. Redbook reports a 2.8% increase in chain-store sales from last year.

The State Street Investor Confidence Index rose 5.5 points in April to 93.6, mainly on a jump in American investor confidence.

Dale Franks
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