Free Markets, Free People

Economic Statistics for 7 Aug 12

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

Redbook reports year-on-year same store sales growth at 2.0%, but the 4-week average, at 1.5% is at a recovery low. ICSC-Goldman Store Sales are unchanged from last week, and up only 1.4% from last year, also a recovery low.

The report on Consumer credit is due out this afternoon.

Dale Franks
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