Durable Goods Soft. Home Prices Still Increasing.
S&P Case-Shiller Home Price Index (November 2013)
– 20-city, Seasonally Adjusted Month/Month +0.9%. Previous was +1.1%
– 20-city, Not Seasonally Adjusted Month/Month -0.1%. Previous was +0.2%
– 20-city, Not Seasonally Adjusted Year/Year +13.7% Previous was +13.6%
If home prices increases are easing they are easing very slightly according to this data.
ICSC-Goldman Store Sales (week ended 1/25/2015)
– Store Sales Week/Week -1.9 % 0.2%. Previous was -1.9%
– Store Sales Year/Year +2.2 %. Previous was +0.9%
Redbook Store sales (week ended 1/25/2015)
– Store Sales Year/Year +3.2%. Previous was +3.1%
Durable Goods Orders (December 2013)
– New Orders Month/Month -4.3%. Previous was +2.6%
– Ex-transportation Month/Month -1.6%. Previous was +0.1%
This is a leading indicator of the manufacturing sector.
Consumer Confidence (January 2014)
– Consumer Confidence 80.7. Previous was 77.5.
This is the Conference Board’s confidence measure. This is supposed to measure predisposition to spend.
Richmond Federal Reserve Manufacturing Index (January 2014)
– level change 12. Previous was 13.
This measures manufacturing in the Richmond Federal Reserve District.