ICSC-Goldman Store Sales (week ended 8/3/2013)
– Store Sales Week/Week +0.3%. Previous was -1.6%
– Store Sales Year/Year +2.5%. Previous was +2.2%
Redbook (week ended 8/3/2013)
– Store Sales Year/Year +3.7%. Previous was +2.9%.
International Trade (June 2013)
– Trade Deficit was $34.2 billion for June. Previous month was $45.0 billion. This is the smallest Trade Deficit since January 2010.
Since the Trade Deficit for June was overestimated in last week’s GDP report, GDP will improve by about 0.2% with this new data. The initial release of GDP has only 2 months of data for Exports and Imports and one month of estimate.