New Home Sales at Highest Level since 2008.
Redbook Chain Store Sales (week ended 5/21/2016)
– Store Sales year/year +0.4%. Previous was +0.5%.
Is there a better word for “sluggish?”
New Home Sales (April 2016)
– New Home Sales (seasonally adjusted annualized) 619,000.
Previous was 531,000. This is the highest level since 2008.
This is +15.4% month/month and +23.8% year/year. By region the strongest gains were in the NE and mid-west.
Richmond Federal Reserve Manufacturing Index (May 2016)
– Index level -1. Previous was +14.
This is another regional Fed survey.