Modestly Positive Fundamentals.
ICSC-Goldman Store Sales (week ended 6/28/2014)
– Store Sales week/week +1.0%. Previous was +2.0%
– Store Sales year/year +4.6%. Previous was +4.1%
Redbook (week ended 6/28/2014)
– Store Sales year/year 3.1%. Previous was 3.3%
PMI Manufacturing Index (June 2014)
– Index level 57.3. Previous was 56.4.
ISM Manufacturing Index (June 2014)
– Index level 55.3. Previous was 55.4
Construction Spending (May 2014)
– Construction Spending month/month +0.1%. Previous revised from +0.2% to +0.8%
– Construction Spending year/year +6.6%. Previous was +7.9%.