Durable Goods Orders

Durable Goods Orders

April 27, 2017 – Durable goods orders, which are orders to buy products that are expected to last at least 3 years, indicates how busy factories will be in the near future.  As the name suggests, durable orders provide a look into demand for equipment along with other big-ticket purchases, such as vehicles and appliances. An increase in capital spending …

20-City Index

S&P / Case-Shiller 20-City Index

April 25, 2017 – The 20-city S&P/Case-Shiller index is a measure of existing home values across 20 metropolitan areas throughout the U.S.  Home values have a broad impact on the economy, including the housing and consumer sectors. The 20-city Case-Shiller Index rose a seasonally adjusted 0.7% in February, slightly below expectations of a 0.8% increase and January’s 0.9% increase.  Year-over-year, …

New Home Sales

New Home Sales

April 25, 2017 – New single-family home sales represent the number of brand new houses that were purchased or committed to being purchased over the course of a month.  This indicator has a trickle-down effect as demand rises for durable goods and consumer spending increases, boosting GDP.  It is also a sign of strength in the consumer balance sheet to …

Existing Home Sales

Existing Home Sales

April 21, 2017 – Existing home sales provide the number of purchases made for homes, condominiums, and co-ops that have already been built.  Existing home sales give an indication of demand for housing.  While home resales may not generate new construction jobs like those that housing starts do, they have a similar effect on consumer spending as people purchase items …