Free Markets, Free People

Economic Statistics for 31 Mar 15

Redbook reports that last week’s retail sales firmed slightly to 3.0% on a year-ago basis, from the previous week’s 2.8%.

The S&P/Case-Shiller 20-city home price index rose 0.9% in January, with a year-on-year increase of 4.6%. The January rise follows a 0.9% increase in December and 0.8% in November.

The Chicago PMI rose 0.5 points in March to a still-negative 46.3. Numbers below 50 generally indicate a contraction in activity.

The Conference Board’s consumer confidence index  jumped to 101.3 in March from 98.8 in February.

The State Street Investor Confidence Index surged this month, up 15.1 points to 120.1, mainly on American appetite for risk. European and Asian confidence both fell and lag far behind.

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