Recent Updates
- Euro area: Flash Consumer Confidence (Apr)
- Ireland: Producer & Wholesale Price Indexes (Mar)
- UK: Capital Issuance (Mar)
- Spain: Trade in Constant Prices, Trade in Goods (Feb)
- Germany: Federal Budget, PPI, Monthly Tax Revenue (Mar), Short-term Indicator (Feb), Public Sector Finance (Q4)
- Colombia: Imports (Feb); Brazil: IPCA-15 (Apr)
- Turkey: Non-Domestic PPI, House Sales, Central Government and Domestic Debt by Instrument, External Debt by Lender, Domestic
- more updates...
Economy in Brief
U.S. Leading Economic Indicators Signal Continued Expansion
The Conference Board's Composite Index of Leading Economic Indicators increased 0.3% during March...
Philadelphia Fed Factory Conditions Improve; Prices Jump
The Philadelphia Fed reported that its General Factory Sector Business Conditions Index rose to 23.2 during April...
U.S. Initial Claims for Unemployment Insurance Are Little Changed
Initial unemployment insurance claims slipped to 232,000 (-6.1% y/y) during the week ended April 14...
U.K. Retail Sales Fall
U.K. GDP is expected to cool its jets when the first quarter GDP number is released...
U.S. Mortgage Loan Applications Rebound; Interest Rates Steady
The MBA total Mortgage Applications Volume Index increased 4.9% last week (1.0% y/y), ...
by Robert Brusca November 29, 2007
The UK retail sector is stuck more or less mid range. Various
components are generally at or above the mid point of their respective
ranges. Orders, the relative strongest component, resides in the 70th
percentile of its range. Sales are in the 52nd
percentile. Sales for the time of year are in the 44th
percentile. The stock-to-sales ratio is a touch high in the 60th
percentile of its range. The various expected sales and orders are
generally in the same relative positions. See the table below. The chart on the left shows that
while variables remain mid range there has been some slippage recently
in the trend for sales, while orders trends have held a bit firmer.
UK Retail Volume Data CBI Survey | |||||||||
---|---|---|---|---|---|---|---|---|---|
Reported: | Nov-07 | Oct-07 | Sep-07 | Aug-07 | 12MO Avg | Pcntle | Max | Min | Range |
Sales/Yr Ago | 13 | 10 | 12 | 15 | 22 | 52% | 57 | -35 | 92 |
Orders/Yr Ago | 18 | 16 | 11 | 15 | 17 | 70% | 42 | -38 | 80 |
Sales: Time/Yr | -3 | 0 | -1 | -7 | 5 | 44% | 41 | -37 | 78 |
Stocks: Sales | 18 | 13 | 12 | 14 | 12 | 60% | 30 | 0 | 30 |
Expected: | |||||||||
Sales/Yr Ago | 15 | 16 | 17 | 14 | 18 | 53% | 49 | -23 | 72 |
Orders/Yr Ago | 12 | 16 | 18 | 6 | 12 | 64% | 38 | -34 | 72 |
Sales: Time/Yr | 2 | -9 | 2 | -5 | 3 | 53% | 29 | -29 | 58 |
Stocks: Sales | 12 | 5 | 10 | 6 | 9 | 50% | 21 | 3 | 18 |