Economic Statistics for 30 Jul 13
Here are today’s statistics on the state of the economy:
In weekly retail sales, ICSC Goldman reports weakness, with a -01.6% weekly sales drop, and a 2.2%% year-on-year increase. Meanwhile, Redbook says sales rose a moderate 2.9% on a year-ago basis.
The S&P/Case-Shiller home price index rose 1.0% in May, still strong, but down from the 1.7% and 1.9% of the previous months.
The Conference Board’s consumer confidence fell a point to 80.3 in July, but that disguises a 5-point gain in the "present situation" component.
The State Street Investor Confidence Index for July rose to 107.6, as institutional investors increased their appetite for risk.