THE BASIS POINT

Consumer Spending Flat

 

 ICSC-Goldman Store Sales  (week ended 3/1/2014)

– Store Sales Week/Week +0.3%. Previous was -0.6%

– Store Sales Year/Year +1.5%. Previous was +1.4%

Redbook Store Sales (week ended 3/1/2014)

– Store Sales Year/Year +2.9%. Previous was +2.9%.

The Consumer Metrics Institute Absolute Demand Index which measures online shopping has been flat for 8 days after falling for 6 days.

This data is a bit weak.  Consumer Spending may be slowing or, at best, flat and consumer spending drives everything.

 

READ OUR NEWSLETTER

YOUR COMPETITORS ALREADY DO

Comments [ 0 ]

WHAT DID WE MISS? COMMENT BELOW.

All comments reviewed before publishing.

15 − 10 =

x