Economic Statistics for 27 Aug 13
The following US economic statistics were announced today:
ICSC-Goldman Store Sales still look weak, with a 0.2% increase for the week, and 1.9% annual increase. Redbook, on the hand, reports a stronger 3.8% year-on-year same-store sales increase.
The S&P/Case-Shiller home price index rose 0.9% in June, a 12.1% increase from last year.
The Conference Board’s consumer confidence index rose 1.2 points to 81.5 in August.
The Richmond Fed Manufacturing Index rose sharply from -11 to 14 in August as business activity picked up in the mid-Atlantic district.
Confidence among institutional investors remains high, though it declined a bit from 107.6 to 105.1 in August.