THE BASIS POINT

Signs of Miserable 1stQ2025 GDP?

 

Chicago Federal Reserve National Activity Index  (February 2015)

– Level  -0.11. Previous was -.10
– 3 Month Moving Average  -0.08. Previous was +.26.

This show the economy having a miserable 1st couple of months.

Existing Home Sales  (February 2015)

– Existing Home Sales seasonally adjusted, annualized 4,880,000. Previous was 4,820,000

This is an improvement from January which was down 4.9% year-on-year.

 

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