Economic Statistics for 29 Oct 13
In weekly retail sales, Redbook reports a 3.6% increase from the previous year. ICSC-Goldman reports a weekly sales drop of -0.4%, and a 2.2% increase on a year-over-year basis.
Producer prices fell -0.1% in September, but were up 0.1% at the core level. On a year-over-year basis, the PPI rose 0.3% overall, but up 1.2% at the core.
September retail sales fell -0.1% overall. Sales ex-autos were up 0.4%, and ex-auto and -gas sales were up 0.4% as well.
The S&P/Case-Shiller home price index rose 0.9% in August, the first monthly increase since April.
Business inventories rose 0.3% in August, while a 0.4% rise in sales kept the stock-to-sales ratio unchanged at 2.90 for the third consecutive month.
The Conference Board’s consumer confidence index slumped to 71.2 in October from last month’s 79.9.
The State Street Investor Confidence Index fell to 95.7 in October from 101.4 in September.