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Economic Statistics for 26 Mar 13

Here are today’s statistics on the state of the economy:

Durable goods orders soared 5.7% in February, mainly on new aircraft orders. Ex-transportation orders, however, fell -0.5%.

New home sales in February declined 4.6 percent to an annualized pace of 411,000.

The S&P Case-Shiller Home Price Index rose 1.0% in January, following 0.9% and 0.6% gains in the two prior months.

The Conference Board’s Consumer Confidence Index plunged more than 8 points to a reading of 59.7 for March.

The Richmond Fed Manufacturing Index fell 3 points to a March reading of 3.

The State Street Investor Confidence Index fell to 88.0 on lower demand for equities and rising demand for fixed income products.

In weekly retail sales, Redbook reports same store sales slowing to a 2.6% year-over-year sales growth rate. ICSC-Goldman Store Sales plunged -1.7% from last week, up only 1.0% from last year.

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Dale Franks
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