Economic Statistics for 25 Nov 14
GDP growth in the 3rd Quarter was revised upwards unexpectedly, coming in at 3.9% annualized. The GDP Price index was also revised upwards slightly to 1.4%.
Corporate profits in the 3rd Quarter came in at $1.873 trillion, following $1.842 trillion for the 2nd Quarter.
The Conference Board’s consumer confidence index fell -5.8 points to 88.7 in November.
FHFA House Price Index was unchanged in September. On a year-over-year basis, the index is up 4.3%.
The S&P/Case-Shiller home price index rose 0.3% in September, and is up 4.9% from a year ago.
The Richmond Fed Manufacturing Index declined sharply from 20 to 4 in November.
The State Street Investor Confidence Index fell -1.1 points to 114.0 in November.
ICSC-Goldman reports weekly retail sales rose 2.2%, but on only rose 1.7% on a year-over-year basis. Redbook reports retail sales rose 4.2% on a year-ago basis.