Retail and Manufacturing in New York Weaker.
ICSC-Goldman Store Sales (week ended 10/12/2013)
– Store Sales Week/week -0.7%. Previous was -0.1%. – Store Sales Year/Year +1.0%. Previous was +1.8%
Redbook (week ended 10/12/2013)
– Store Sales Year/Year +3.2%. Previous was +3.3%
These indicate weak retail and weak GDP growth.
Empire State Manufacturing Survey (October 2013)
– General Business Conditions Index 1.52. Previous was 6.29.
The economy in New York State is growing but at a slower rate.
