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October 15, 2013

Retail and Manufacturing in New York Weaker.

October 15, 2013

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.