Economic Statistics for 6 May 14
ICSC-Goldman reports weekly retail sales fell -2.0%, and were up only 2.0% on a year-over-year basis. Redbook reports a strong 4.4% increase in retail sales over last year.
The Gallup Economic Confidence Index remained at -16 for April.
The March trade deficit fell to $-40.4 billion. Exports rose 2.1% while imports rose 1.1%.