THE BASIS POINT

Existing Home Sales up.

 

Jobless Claims (week ended 8/16/2014)

– New Claims (seasonally adjusted)  298,000. Previous was 312,000

– New Claims (not seasonally adjusted) were 248,759 a decrease of 20,709 from the previous week

– 4-week Moving Average (seasonally adjusted) 300,750. Previous was 300,750.

 

PMI Manufacturing Index Flash (August 2014)

– Level 58.0. Previous was 56.3.

This is derived from surveys of manufacturers.

Philadelphia Federal Reserve Survey  (August 2014)

– General Business Conditions Index 28.0. Previous was 23.9

Existing Home Sales (July 2014)

– Existing Home Sales (seasonally adjusted, annualized) 5,115,000. Previous was 5,030,000.

Data is from the National Association or Realtors.

 

Leading Economic Indicators (July 2014)

– Leading Indicators month/month +0.9%. Previous was +0.6%.

 

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