Weak Data except for Home Prices

Redbook Chain Store Sales (week ended 2/21/2015)

– Store Sales year/year +2.8%. Previous was +3.2%

 

S&P Case-Shiller Home Price Index (December 2014)

– 20-city, seasonally adjusted month/month  +0.9%. Previous was +0.8%
– 20-city, not seasonally adjusted month/month   +0.1%. Previous was -0.2%
– 20-city, not seasonally adjusted year/year   +4.5%. Previous was +4.3%

Prices are increasing while Sales of Existing Home are decreasing.

 
Consumer Confidence (February 2015)

– Consumer Confidence  96.4. Previous was 99.1.

This is the report from The Conference Board and displays some concern that consumer spending will decrease.

 

Richmond Federal Reserve Manufacturing Index (February 2015)

– Level change 0. Previous was +6.