Free Markets, Free People

Economic Statistics for 5 Aug 14

June factory orders rose a generally strong 1.1%, led by a big 3.3 percent jump for nondefense capital goods excluding aircraft.

The non-manufacturing ISM index rose 2.7 points in July to 58.7.

The JP Morgan Global composite PMI for July rose a slight 0.1 points to 55.5. The Global Services PMI rose 0.2 points to 56.0.

US Services Purchasing Managers’ Index fell -0.2 points to 60.8 in July.

The Gallup Economic Confidence Index fell -2 points to -17 in July.

ICSC-Goldman reports weekly retail sales rose 0.2%, and were up a strong 4.5% on a year-over-year basis. Redbook also reports a strong 4.6% rise in retail sales over last year.

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