Free Markets, Free People

Economic Statistics for 23 Jun 15

The Richmond Fed Manufacturing Index moved further into positive territory in June, rising 5 points to a reading of 6.

Led by a -49% drop in aircraft orders, May durable goods orders fell once again by -1.8% overall. April’s number was revised down to -1.5%. Ex-Transportation orders rose 0.5%.

Redbook reports that last week’s retail sales remain soft, rising to 1.6% on a year-ago basis, from the previous week’s 1.1%.

The FHFA House Price Index rose 0.3% in April, with a year-on-year increase of 5.3%.

The PMI Manufacturing Index Flash fell -0.4 points in June, to 53.4.

New Home Sales continued April’s big gain, up 2.2% in May to a 546,000 annual rate. April’s gain was revised upwards to 8.1% to a 534,000 annual rate.

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