Free Markets, Free People

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%.

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