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Economic Statistics for 6 Aug 13

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

America’s trade deficit narrowed to $-34.2 billion in June. Exports rose, and imports fell, though the falling imports may signal a lack of domestic consumer demand.

The Gallup Economic Confidence Index (ECI) fell from -98 to -12 in July.

Redbook is reporting solid retail sales growth at 3.7% from a year ago. ICSC-Goldman reports retail sales rose 0.3% last week, and are up 2.5% from a year ago.

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Dale Franks
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