Free Markets, Free People

Economic Statistics for 4 Nov 14

ICSC-Goldman reports weekly retail sales fell -1.6%, and rose only 1.8% on a year-over-year basis. Redbook reports retail sales rose 3.9% on a year-ago basis, compared with 4.4% in the prior week.

Gallup’s October Economic Confidence Index jumped to a monthly reading of -12 in October–the most positive score since the -12 of July 2013.

The US trade deficit grew by $2.9 billion in September, growing to $43 billion.

September factory orders were better than the previous month’s but still fell by another -0.6%, following August’s -10.1% decline.

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