Free Markets, Free People
Economic Statistics for 10 Apr 12
A compressed week of economics data begins with today’s retail sales numbers, as Redbook reports a 4.1% year-on-year sales increase, while ICSC-Goldman reports a 0.5% increase for the week, and 4.5% for the year.
The NFIB Small Business Optimism Index unexpectedly dropped almost two points to 92.5 last week. Analysts had expected an increase.
Wholesale inventories increased by 0.9% in February, but a 1.2% increase in sales left the stock-to-sales ratio unchanged at 1.17.