The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: The Reaper who wrote (259127)	7/7/2010 10:13:38 PM
From: Smiling Bob	Read Replies (1) of 306849

Looks like they found something to run the futures up with. Prior to that, overseas mkts were presumably overjoyed at our higher Popsicle sales. ------ Retail sales climb in holiday week Published: July 7, 2010 at 12:17 PM WASHINGTON, July 7 (UPI) -- U.S. chain store sales rose in the week ending July 3, as warm weather continued to spur sales of summer items, a national trade group said Wednesday. The International Council of Shopping Centers said sales rose 1 percent from the previous week and 3.9 percent compared to the same week a year ago, the largest year-to-year weekly jump since early May. June turned out to be hot and wet -- the hottest June in eight years and the wettest in six, Weather Trends International said. In the latest week, heat "continued to drive exceptional demand for hot weather items and consumables," ICSC said. Consumers also had a bit more to spend, as the average retail price of gasoline fell by 3 cents from the previous week to a July 5 average of $2.726 per gallon, the U.S. Energy Information Administration said. © 2010 United Press International, Inc. All Rights Reserved.

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