THE BASIS POINT

Modest Gains in Housing and Chain Store Sales

 

Housing Market Index (December 2012)

– Index is 47 up from previous 46.

This is a survey index carried out by the National Association of Home Builders.

Chain Store Sales (week ended 12/15/2012)

ICSC-Goldman

– Store Sales (week/week) +4.3%. Previous was -0.7%.
– Store Sales (year/year) +3.5%. Previous was +2.5%.

Redbook

– Store Sales (year/year) +2.4%

The Consumer Metrics Institute Daily Absolute Demand Index (a measure of online shopping) show a slight uptick over the past weekend but is still depressed post Black Friday.

 

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