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November 8, 2011

Fundamentals 11/8: Retail & Consumer Credit

November 8, 2011

Fundamentals 11/8: Retail & Consumer Credit

Retail
-ICSC-Goldman Store Sales, Week/Week +1.0 %
-ICSC-Goldman Store Sales, Year/Year +2.7 %
-Redbook Store Sales, Year/Year +3.1%. Previous +5.2%.
-The Consumer Metrics Absolute Demand Index has been falling for 11 days. This is a leading indicator and points to lower GDP growth in the current quarter.
-Yesterday Consumer Credit for September was announced at +7.4 billion. The deleveraging stopped in May.

NFIB Small Business Optimism Index
-Index for November is 90.2 – an improvement.