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Economic Statistics for 8 May 12

 

The following statistics were released today on the state of the US economy:

The NFIB Small Business Optimism Index jumped two points in April to 94.5, the best reading in a year.

In retail sales, ICSC-Goldman Store Sales fell -0.8% last week, and the year on year sales rate fell to 3.3%. Meanwhile, Redbook is also very soft, with the year on year sales rate falling to 2.6%.

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Dale Franks
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