Retail Stalls.
ICSC-Goldman Store Sales (week ended 5/10/2014)
– Store Sales week/week -0.1%. Previous was -2.0%
– Store Sales year/year +3.9%. Previous was +2.0%
Redbook (week ended 5/10/2014)
– Store Sales year/year +4.2%. Previous was +4.4%.
Retail Sales (April 2014)
– Retail Sales month/month +0.1%. Previous was +1.5%
– Retail Sales less autos month/month +0.0%. Previous was +1.0%
– Less Autos & Gas month/month -0.1%. Previous was +1.4%.
Together the Chain Store data plus the Retail Sales data from the U.S. Bureau of the Census shows a stalled economy.
The Consumer Metrics Daily Absolute Demand Index – a near real time measure of online commerce has declined 7 of the last 8 days.
Import and Export Prices (April 2014)
– Export Prices month/month -1.0%. Previous was +1.0%
– Export Prices year/year +0.1%.
– Import Prices month/month -0.4%. Previous was +0.4%
– Import Prices year/year -0.3%.
Business Inventories (March 2014)
– Inventories month/month +0.4%. Previous was +0.5%.
This is a GDP component.
NFIB Small Business Optimism Index (April 2014)
– Optimism Index 95.2. Previous was 93.4.
