Economic Statistics for 13 Nov 12
The following US economic statistics were announced today:
In weekly retail sales, Redbook reports a 1.6% increase from the previous year. ICSC-Goldman reports a weekly sales increase of 0.7%, and a 1.8% increase on a year-over-year basis.
The NFIB Small Business Optimism Index rose to 93.1, a level that is still characterized as "solidly pessimistic" and "recessionary territory."
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Dale Franks
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If they’re pessimistic now, just wait until the end of January.