Economic Statistics for 23 Dec 11
Today’s economic statistical releases:
A big surge in civilian aircraft pushed durable goods orders up 3.8%. Ex-transportation, orders rose 0.3%. On a year-over-year basis, orders were up 12.1% overall, and 7.2% ex-transportation.
Both personal income and personal spending rose by 0.1% in November.
New home sales rose 1.6% in November to a 315,000 annual unit rate. Over the last few months, sales have picked up modestly, but from a very low levels, and house prices have continued to decline,m down 3.8% last month to a median price of $214,100.