Confidence Remains Weak.

Gallup US Economic Confidence Index (January 2016)

– Level -11. Previous was -11.

This is a survey index of individuals.  To me it says that people are starting to realize that the economy is flat and that is starting to erode the rosy picture painted by media for the past several years.

Redbook Chain Store Sales (week ended 1/30/2016)

– Store Sales year/year +0.8%. Previous was +1.0%

Although everyone jokes about the manner in which any weak fundamental is blamed on weather this could be a case when that very large winter storm did hold down store sales.