Economic Statistics for 11 Jun 13
Here are today’s statistics on the state of the economy:
ISCS-Goldman reports last week’s retail sales fell by -2.7% due to bad weather, while the year-on-year rate declined to 2.2%. Redbook, however, is reporting a 2.8% year-on-year same store sales increase, with no significant weather effects.
The NFIB Small Business Optimism Index rose 2.3 points to 94.4 in May.
The Labor Department’s Job Openings and Labor Turnover Survey reports there were 3.757 million job openings on the last day of April, little changed from March.
Wholesale inventories rose 0.2% in April, against a o.5% rise in sales, resulting in a leaner 1.21 stock to sales ratio.