Economic Statistics for 29 May 12
The following statistics were released today on the state of the US economy:
The Dallas Fed Mfg Survey’s Business activity index fell to -5.1 from -3.4. The production index fell to 5.5. from 5.6.
The S&P Case-Shiller Home Price Index rose 0.1% in March; however, it’s still -2.6% lower than March 2011.
The Consumer Confidence Index fell 4 points to 64.9.
The State Street Investor Confidence Index fell a bit more than a point to 86.4.
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Dale Franks
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April-May show a turn around on mortgage foreclosures … in the wrong direction (but given a proper application of a little moral relativism who can say it’s wrong).
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