Key Economic Indicators – June 27, 2016

  • New orders for durable goods decreased 2.2% in May, following a 3.4% increase in the previous month.
  • Existing home sales increased 1.8% to a seasonally adjusted annual rate of 5.53 million in May, from 5.43 million in April, according to the National Association of Realtors. The median existing home price in May was $239.7 thousand, up 4.7% from May 2015.
  • The Federal Housing Finance Agency House price index increased 0.2% in April, following a 0.8% increase in the previous month. The index was up 5.9% from a year ago.
  • The advance figure for initial claims for unemployment insurance was 259 thousand in the week ending June 18, a decrease of 18 thousand from the previous week. The 4-week moving average was 267 thousand, a decrease of 2.25 thousand from the previous week’s average.
  • The Thomson Reuters/University of Michigan Index of Consumer Sentiment decreased to 93.5 in June, from 94.7 in May.


Comments are closed.