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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Oct 30, 2013
Page
8
The S P S Case Shiller index shows nationwide prices up 12.8 percent year over year to August, the fastest pace since February 2006, though month over month gains cooled to 1.3 percent. Las Vegas leads with a 29.2 percent yearly rise while other cities lag recovery.
U S retail sales rose 0.5 percent in September excluding autos gas and building supplies offsetting a 2.2 percent drop in auto sales the largest since October 2012 Economists say the decline was temporary due to Labor Day shifting into August and most retailers showing higher sales including furniture electronics and groceries.
The Conference Board reports the consumer confidence index at 71.2 in October, down from 80.2 the prior month, with pessimism about the economy six months ahead and weaker views on current conditions. They also anticipate slower hiring, signaling weaker spending.
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