Free Markets, Free People

Economic Statistics for 27 May 14

Durable goods orders rose 0.8% in April, mainly on transportation orders. Ex-transportation orders rose 0.1%. On a year-over-year basis, orders are up 7.1%, while ex-transportation orders are up 4.8%.

The Federal Housing Finance Agency (FHFA) House Price Index rose 0.7% in March, and is up 6.4% over last year.

The S&P/Case-Shiller home price index for March was up 1.2% on a seasonally-adjusted basis.

The May Purchasing Managers’ Index (PMI) US Services Flash rose 3.0 points to 58.4.

The Conference Board’s consumer confidence index rose 0/7 points in May to 83.0.

The Richmond Fed manufacturing index was unchanged at 7 in May.

The State Street Investor Confidence Index for May rose 0.5 points to 119.5.

The Dallas Fed general business activity index fell 3.7 points to 8.0 in May. The production index plummeted to 11.0 from 24.7.

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