Free Markets, Free People

Economic Statistics for 22 Jul 14

In weekly retail sales, Redbook reports a 3.7% increase from the previous year. ICSC-Goldman reports a weekly sales decline of -0.4%, and a slow 2.8% increase on a year-over-year basis.

The Consumer Price Index rose 0.3% in June, but only 0.1% less food and energy. On a year-over-year basis, the CPI is up 2.1% overall, and 1.9% less food and energy.

The FHFA House Price Index rose 0.4% in May, and is up 5.5% on a year-over-year basis.

Existing home sales rose a sharp 2.4% in June, to a 5.04 Million annual rate.

The Richmond Fed manufacturing index rose from 3 to 7 in June.

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