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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%.

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Dale Franks
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