Economic Statistics for 25 Sep 12
The following US economic statistics were announced today:
The State Street Investor Confidence Index fell 4 points to 86.9 as appetite for risk declined among institutional investors.
In retail sales, Redbook reports a 2% year-on-year sales increase. ICSC-Goldman reports an increase of 0.6% over last week, and 2.9% over last year. Both are trending slightly lower than last month.
The FHFA purchase only house price index extended a run of gains with a less than expected 0.2% rise for July, which is 3.7% over last year.
The Conference Board’s consumer confidence index jumped nearly 10 points in September to 70.3.
The S&P/Case-Shiller 20-city seasonally adjusted home price index reported a 0.4% rise in July. On a year over year basis, the index was up 1.2%.
The Richmond Fed manufacturing index for September rose to 4, the first positive reading since May.
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Dale Franks
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Romney is running even a worse campaign than McCain ran. He is allowing the MSM to define him. He needs to run a campaign like his PACs ran against Newt Gingich in Florida, or he will lose big time. He is SUCH a big disappointment.
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