Free Markets, Free People
Economic Statistics for 5 Jun 12
The following statistics were released today on the state of the US economy:
Despite slowing employment growth, the ISM Non-Manufacturing Index rose 0.2 points to 53.7. Growth in most components remained steady, while the new orders component increased by 2 points to 55.5.
The Ceridian-UCLA Pulse of Commerce Index is delayed at the source this morning.
In retail sales, Redbook same-store year-on-year sales were right on trend with a 3.1% increase last week. ICSC-Goldman’s same-store sales rose 0.4% for the first weekly increase since April 21. The year-on-year rate, however, is still weak at 2.8%.