JOSHUA SHARF rounds up some economic news you may have missed. A few tidbits:
Retail store sales were up 4.1% year-over-year
Same-store sales were up 5.1% year-over-year
Consumer Confidence rose to 109.6, well above the consensus estimate range
The housing bust continues to track the elusive Afghan Winter, as existing home sales rose slightly, when they were expected to decline
This was offset somewhat by a decline in mortgage applications
Durable goods orders were up 6.1%
He’s got more. And don’t miss the Carnival of the Capitalists — what better way to celebrate May Day?