Economic Statistics for 1 Apr 14
Domestic vehicle sales rose 6.9% in March to a 16.4 million annual rate, rebounding from the weather-impacted sales of the past two months.
ICSC-Goldman reports weekly retail sales rose 3.6%, but were only up 0.6% on a year-over-year basis. Redbook reports an increase of 2.3% in retail sales over last year.
Markit’s manufacturing PMI final for March is 55.5, down from February’s 57.1.
The ISM manufacturing index rose 0.5 points in March to 53.7.
Construction spending in February rose 0.1%, which is a 8.7% increase over the previous year.
J.P. Morgan Global Manufacturing PMI fell nearly a full point to 52.4 in March.
Gallup’s Economic Confidence Index averaged -17 in March, essentially the same as the -16 of the past two months.