Economic Statistics for 27 Oct 15
Durable Goods order fell again in September, down -1.2% overall, with ex-transoportation orders down -0.4% and core capital goods down -0.3%. On a year over year basis:
Core capital goods: -7.3%
The Case-Shiller home price index rose a slight 0.1% in August, and is up 5.1% on a year-ago basis.
The PMI services flash reading for October fell -1.2 points to 54.4.
The Conference Board’s consumer confidence index fell sharply from 103.0 to a worse than expected 97.6 in October.
The Richmond Fed’s Manufacturing Index rose from -5 to a still-negative -1 in October. All five regional Fed economic activity reports are negative.
The State Street Investor Confidence Index slipped -1.7 points, but remained healthy at 114.3.
Redbook reports that last week’s retail sales rose to 1.5% on a year-ago basis, from the previous week’s 1.3%, as slow improvement continues.