Tuesday, August 30, 2011

New data this morning

The International Council of Shopping Centers reported month sales of major retailers rose 1.0% versus the prior week and up 3.0% versus the comparable period last week; Redbook Research reported month to date retail chain store sales up 1.0% versus the similar timeframe last month and up 4.0% on a year over year basis.

The Conference Board reported its August index of consumer confidence at 44.5 versus expectations of 52.0 and July’s reading of 59.5. Clearly, this is not a positive.

The Case Shiller home price index rose in June.