Economics
This Week’s Data
The
International Council of Shopping Centers reported weekly sales of major
retailers down 1.2% versus the prior week but up 2.1% on a year over year basis;
Redbook Research reported month to date retail chain store sales up 0.7% versus
the comparable period last month and up 3.2% versus the similar timeframe a
year ago.
Weekly
jobless claims fell 27,000 versus expectations of a 9,000 decline.
First
quarter GDP was reported down 1.0% versus estimates of -0.5%; the accompanying
price index was up 1.3%, in line.
Other
More
on the Fed’s dilemma (medium):
No comments:
Post a Comment