Modest Gains in Housing and Chain Store Sales
Housing Market Index (December 2012)
– Index is 47 up from previous 46.
This is a survey index carried out by the National Association of Home Builders.
Chain Store Sales (week ended 12/15/2012)
ICSC-Goldman
– Store Sales (week/week) +4.3%. Previous was -0.7%.
– Store Sales (year/year) +3.5%. Previous was +2.5%.
Redbook
– Store Sales (year/year) +2.4%
The Consumer Metrics Institute Daily Absolute Demand Index (a measure of online shopping) show a slight uptick over the past weekend but is still depressed post Black Friday.