Economic Statistics for 28 Nov 11
It’s a heavy week for economic statistics, culminating in the Employment Situation on Friday, but we start the week off light:
New home sales rose 1.3% in October. That’s a solid gain, but the total of 307,000 was a bit below expectations.
The Dallas Fed general business activity index rose to 2.3 from -14.4., its first positive reading in six months.