Daily Archives: April 30, 2013
Here are today’s statistics on the state of the economy:
The Conference Board’s consumer confidence index rose 6.2 points to 68.1 in April.
The Chicago Purchasing Managers Index fell 3.4 points to 49 in April. A reading below 50 indicates economic contraction, and this is the first negative reading for the Chicago PMI since September 2009.
The S&P/Case-Shiller 20-city home price index rose 1.2% in February, up 9.3% from last year.
The Employment Cost Index rose 0.3% in the 1st Quarter, a gain of 1.8% from 1Q 2012.
ICSC-Goldman reports a weak 0.4% increase in chain-store sales last week, and only a 2.6% increase from last year. Redbook reports a 2.8% increase in chain-store sales from last year.
The State Street Investor Confidence Index rose 5.5 points in April to 93.6, mainly on a jump in American investor confidence.
Well, there’s been a significant amount of silence from those who were "there" and a lot of smoke thrown by those who were in charge. You have to wonder if this is about to break big or it will continue to be swept under the rug: