Builder confidence dropped slightly in January but outlook still positive. Recap of numbers, explanation of why this stat matters, and TABLE 1985 to present.
Chain Store Sales (week ended 9/15/2012) ICSC-Goldman Store Sales – Store Sales – Week/Week -2.5%. Previous was +1.0%. – Store Sales – Year/Year 2.1%. Previous was +3.4%. Redbook – Store Sales – Year/Year 2.4%. Previous was +2.7%. While this is data for only one week it is not attractive. Consumers drive the economy. Current Account