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Economic Statistics for 5 Nov 13

In weekly retail sales, Redbook reports a strong 3.8% increase in same-store sales from the last year. ICSC-Goldman’s chain-sample is much weaker, with a weekly sales decrease of -0.6%, and only a 1.9% increase on a year-over-year basis.

Gallup’s Economic Confidence Index fell a sharp 16 points to -35 in October, the sharpest monthly drop since 2008, when the index began.

The ISM Non-Manufacturing Index rose a point in October to 55.4.

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