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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.

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Dale Franks
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