National Home Price Increases slow.
Redbook Chain Store Sales (week ended 8/27/2016)
– Store Sales year/year +0.6%. Previous was +0.2%
S&P Case-Shiller Home Price Index (June 2016)
– 20-city seasonally adjusted month/month -0.1%. Previous was -0.1%
– 20-city, not seasonally adjusted month/month +0.8%. Previous was +0.9%
– 20-city, not seasonally adjusted year/year +5.1%. Previous was +5.3%
Weakness is regional and concentrated in the Midwest and Northeast.
Consumer Confidence (August 2016)
– Consumer Confidence 101.1. Previous was 96.7.
This is the metric from the Conference Board. Consumer Confidence is supposed to be a leading indicator of Consumer Spending.