Existing Home Sales down 7.1%.

Chicago Federal Reserve National Activity Index  (February 2016)

– Index Level -0.29. Previous was 0.41
– 3 Month Moving Average  -0.07. Previous was -0.12

This is a weighted average of 85 indicators of national economic activity.

 

 

Existing Home Sales  (February 2016)

– Existing Home Sales seasonally adjusted, annualized 5,080,000. Previous was 5,470,000
– Existing Home Sales month/month -7.1%
– Existing Home Sales year/year  +2.2%

This is a weak report.