Today’s fundamentals: Nov pending home sales, and Christmas week chain store sales.
Chain Store Sales
Today’s fundamentals: weekly retail sales
Today’s fundamentals: small business optimism index, import/export prices, chain store sales.
Today’s fundamentals: factory orders, trade deficit, chain store sales.
Today’s fundamentals: Case Shiller home prices, GDP, consumer confidence, weekly retail sales.
Today’s Fundamentals: CPI inflation, housing starts, mortgage applications, chain store sales.
After rising steadily since 2009, job openings look to be leveling off.
Chain Store Sales ICSC-Goldman Store Sales (week ended 12/1/2012) – Store Sales – Week/Week -3.1%. Previous was +3.3% – Store Sales – Year/Year 3.2%. Previous was +4.0% Redbook (week ended 12/1/2012) – Store Sales Year/Year +2.1%. Previous was +4.5%. Last week was a hangover for chain stores which are so heavily invested in the hype
Housing Starts (October 2012) Starts – Level – (Seasonally Adjusted Annualized Rate) 894,000. Previous was 872,000 Permits – Level – (Seasonally Adjusted Annualized Rate) 866,000. Previous was 894,000. The steady gains are nice. Keep in mind that the natural level for Housing Starts in order to keep pace with population growth and assuming a constant
ICSC-Goldman Store Sales (week ended 11/10/2012) Store Sales – Week/Week +0.7%. Previous was -0.2% Store Sales – Year/Year 1.8%. Previous was 1.4% Redbook Store Sales Year/Year +1.6%. Previous was +0.8%. Consumer Metrics Institute This near realtime measure of consumer demand started moving upward two days after the election. This same effect – pre-election slump and