Free Markets, Free People
Economic Statistics for 26 Dec 12
The following US economic statistics were announced today:
In weekly retail sales, Redbook reports a relatively weak 2.9% increase from the previous year. ICSC-Goldman reports a weekly sales increase of 0.7%, and a 3.2% increase on a year-over-year basis.
The S&P Case-Shiller Home Price Index rose a seasonally-adjusted 0.7% in October, which is 4.3% higher on a year-over-year basis.
The Richmond Fed Manufacturing Index declined from 9 last month, to 5 in December.
State Street’s investor confidence index rose 0.4 points to 80.9 in December. The report says confidence is "weak".