Free Markets, Free People

Economic Statistics for 18 Mar 14

In weekly retail sales, Redbook reports a soft 2.8% increase from the previous year. ICSC-Goldman reports a weekly sales increase of 0.7%, and a 1.5% increase on a year-over-year basis.

Consumer Prices rose 0.1% in February at both the headline and core level. On a year-over-year basis, consumer prices are up 1.1% overall and 1.6% less food and energy.

February housing starts dropped 0.2% to a 0.907 million annual rate, but building permits rose 7.7% to a 1.018 million annual rate.

The Treasury Department reports that net inflow of long-term securities totaled $7.3 billion in January vice a revised $-49.5 billion in December.


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