Good News: Home Prices Flat.

Redbook Chain Store Sales (week ended 9/24/2016)

– Store Sales year/year +0.2%. Previous was +0.2%

 

S&P Case-Shiller Home Price Index (July 2016)

– 20-city, seasonally adjusted, month/month +0.0%. Previous was -0.1%
– 20-city, not seasonally adjusted, month/month +0.6%. Previous was +0.8%
– 20-city, not seasonally adjusted, year/year +5.0%. Previous was +5.1%

Flat home prices are a sign that there is a ray of hope that more people could become homeowners.

 

PMI Services Flash (September 2016)

– Level 51.9. Previous was 50.9

 

Consumer Confidence (September 2016)

– Consumer Confidence 104.1. Previous was 101.8.

This is supposed to measure consumer spending in the next 3-6 months.

 

Richmond Federal Reserve Manufacturing Index (September 2016)

– Level -8. Previous was -11