Free Markets, Free People

Economic Statistics for 28 Jul 15

The S&P Case-Shiller  Home Price Index fell -0.2% in May, catching analysts by surprise. The Index is up 4.9% on a year-ago basis.

July’s PMI Services Flash reading is up 0.4 points from the June final, coming in at 55.2.

The Conference Board’s Consumer Confidence Index fell sharply lower in July, falling to 90.9 from 101.4 in June.

The Richmond Fed Manufacturing Index for July came in above analysts’ expectations, rising 7 points to a reading of 13.

The State Street Investor Confidence Index for July fell sharply to 114.6 from June’s unusually high reading of 127.0.

Redbook reports that last week’s retail sales continued to fall, down to 1.0% on a year-ago basis, from the previous week’s 1.2%.

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