Free Markets, Free People

Economic Statistics for 29 Jul 14

ICSC-Goldman reports weekly retail sales up 0.2%, and were up 4.6% on a year-over-year basis. Redbook reports a 3.0% rise in retail sales over last year.

The S&P/Case-Shiller 20-city home price index continued to fall in May, down -0.3% for the month. On a year-over-year basis, the index is up 9.3%, however.

The Conference Board’s consumer confidence index is moving steadily to new recovery highs, to 90.9 in July.

The State Street Investor Confidence Index fell to 114.7 in July from a revised 119.3 in June.


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2 Responses to Economic Statistics for 29 Jul 14

  • Any worthwhile inflation indicators?  Seems like we’re in wicked inflation right now.  This is above the somewhat high inflation that has been swept under the rug for the past few decades.  My $80 grocery bill is seems suddenly like $120 and my $5-6 Toco Bell visits are suddenly $7-8.
     
     

  • If it’s all the same to you, I think I’ll just wait for the third revision before I decide if I believe these numbers.
    Mostly because – I don’t.