Economic Statistics for 26 May 15
Declining aircraft sales pushed April durable goods orders down -0.5%, but ex-transportation orders rose 0.5%.
The FHFA house price index rose a lower-than-expected 0.3% in March. The index is up 5.2% on a year-over-year basis.
In contrast to FHFA, the S&P Case-Shiller Home Price index rose 1.0% in March, but is still at a similar 5.0% year-on-year gain.
The May PMI Services Index flash from Markit fell -1.4 points from April’s final, coming in at 56.4.
New home sales bounced back strongly in April, with a 6.8% increase to a 517,000 annual rate.
The Conference Board’s consumer confidence index rose 0.2 points to 95.4 in May.
The Richmond Fed Manufacturing Index is still soft, but rose into positive territory in May, rising from -3 to 1.
The State Street Investor Confidence Index rose 6. points in May, to 120.8.
The Dallas Fed Manufacturing Survey continued to decline in May, falling -6.8 points to -20.8, while the production index fell from -4.7 to -13.5.