Economic Statistics for 17 Dec 13
In weekly retail sales, Redbook reports a weak 2.9% increase from the previous year. ICSC-Goldman reports a weekly sales increase of 4.8%, but a weak a 2.0% increase on a year-over-year basis.
Consumer prices were unchanged in November, with a core CPI increase of 0.2%. Annually, the CPI is up 1.2%, and up 1.7% less food and energy.
The Housing Market Index surged 4 points to 58 in December.
The nation’s current account deficit narrowed slightly in the 3rd Quarter, to $-94.8 billion.