Economic Statistics for 27 Mar 12
The following statistics were released today on the state of the US economy:
Retail sales look lackluster according to ICSC-Goldman, whose year-on-year same-store sales increase is only 2.7% for the week. Redbook is more positive, though, with a same-store sales increase of 3.8%.
The S&P Case-Shiller Home price index was unchanged for the month on a seasonally adjusted basis. Unadjusted, however, the index is down -0.8% for the month, and -3.8% from last year.
Consumer Confidence dipped slightly in March, to 70.2 from 70.8 last month.
The Richmond Fed Manufacturing Index fell to 7 in March from 20 last month.