Home Prices up. Other Fundamentals Weak.

ICSC-Goldman Store Sales  (week ended 2/22/2014)

– Store Sales Week/Week -0.6%. Previous was +2.5%

– Store Sales Year/Year +1.4 %. Previous was +2.1%

Redbook Store Sales  (week ended 2/22/2014)

– Store Sales Year/Year +2.9%. Previous was +3.2%.

These numbers are weak.

FHFA House Price Index (December 2013)

– Month/Month  +0.8%. Previous was -0.1%

– Year/Year change  7.7%. Previous was +7.3%

S&P Case-Shiller Home Price Index (November 2013)

– 20-city, Seasonally Adjusted Month/Month +0.8%. Previous was  +0.9%

– 20-city, not Seasonally Adjusted Month/Mont -0.1%. Previous was -0.1%

– 20-city, not Seasonally Adjusted Year/Year +13.4%. Previous was +13.7%

Consumer Confidence  (February 2014)

– Consumer Confidence 78.2. Previous was revised down to 79.4.

This is a survey index taken by The Conference Board and is supposed to measure consumers’ predisposition to spend.

Richmond Federal Reserve Manufacturing Index (February 2014)

– level change -6. Previous was 12.