Free Markets, Free People

Economic Statistics for 26 Dec 16

The FHFA House Price Index rose 0.5% in November, and was up 5.9% on a year-over-year basis, while the S&P/Case-Shiller home price index was up 09%, and is up 5.8% on a year-over-year basis.

The Purchasing Managers’ Index (PMI) US Services Flash was unchanged at 53.7 for January.

The Conference Board’s Consumer Confidence Index rose 1.6 points to 98.1 in January.

The Richmond Fed Manufacturing Index slipped to 2 in January from 6 in December.

The State Street Investor Confidence Index rose 0.5 points to 108.8 in January.

Redbook reports that last week’s retail sales fell to 1.0% on a year-ago basis, from the previous week’s already-soft 1.4%.

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