Economic Statistics for 26 Apr 16
Durable goods orders rose 0.8% in March, though orders are still down -2.5% on a year-over-year basis. Also, ex-transporation orders fell -0.2%, while capital goods orders were unchanged.
Case-Shiller’s home price index rose 0.7% in February, and is up 5.4% on a year-over-year basis.
The PMI Services Flash for April rose 1.1 points to 52.1.
The University of Michigan’s consumer sentiment index fell -2.0 points to 96.2 in April.
The Richmond Fed Manufacturing Index fell -8 points to 14 in April.
Redbook reports that last week’s retail sales growth rose slightly to 0.8% on a year-ago basis, from the previous week’s 0.5%.