Free Markets, Free People


Economic Statistics for 30 Jul 13

Here are today’s statistics on the state of the economy:

In weekly retail sales, ICSC Goldman reports weakness, with a -01.6% weekly sales drop, and a 2.2%% year-on-year increase. Meanwhile, Redbook says sales rose a moderate 2.9% on a year-ago basis.

The S&P/Case-Shiller home price index rose 1.0% in May, still strong, but down from the 1.7% and 1.9% of the previous months.

The Conference Board’s consumer confidence fell a point to 80.3 in July, but that disguises a 5-point gain in the "present situation" component.

The State Street Investor Confidence Index for July rose to 107.6, as institutional investors increased their appetite for risk.

~
Dale Franks
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