Economic Statistics for 27 Sep 16
New home sales fell -7.6% in August, to a 609,000 annual rate. July’s reading was revised upwards, however, by 5,000, resulting in a July increase of 13.8%.
The Dallas Fed Manufacturing Survey for September rose from 4.5 to 16.7.
What used to be called the Case-Shiller Home Price Index, then the S&P Case-Shiller HPI, and, as of today, is called the S&P Corelogic Case-Shiller HPI was unchanged in July, while the year-over-year change fell -0.1% to 5.0%.
The Conference Board’s Consumer Confidence Index rose 3.0 points to 104.1 in September.
The Richmond Fed Manufacturing Index rose 3 points to a still-negative -8 in September.
State Street’s Investor Confidence Index rose 5.8 points in September to 95.5, mainly on increased investor confidence in Asia.
The PMI Services Flash for September rose 1.0 points to 51.9.
Redbook reports that last week’s US retail sales growth was unchanged at a sluggish 0.2% on a year-ago basis.