Economic Statistics for 9 Dec 14
The NFIB’s small business optimism index jumped 2.0 points in November to 98.1, the highest since February 2007.
Wholesale inventories rose 0.4% in October, while a 0.2% rise in sales left the stock-to-sales ratio unchanged for a third month at 1.19.
ICSC-Goldman reports weekly chain store sales fell -1.5%, and rose a weak 2.9% on a year-over-year basis. Redbook also reports retail sales were weak, up only 3.9% on a year-ago basis, down -0.9% from last week.