Free Markets, Free People

Economic Statistics for 30 Dec 14

ICSC-Goldman reports weekly retail sales at chain stores were flat, and rose only a soft 2.2% on a year-over-year basis. Redbook reports retail sales were little changed from last week, rising 5.4% on a year-ago basis, compared to 5.3% last week.

The S&P/Case-Shiller home price index rose 0.8% in October, but the still-weak 4.5% increase from last year is down -0.3% from September.

The Conference Board’s consumer confidence index rose 1.6 points to 92.6, which is near recovery highs.

The State Street Investor Confidence Index remains strong but did ease in December, to 112.1 vs a revised 113.7 in November.

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