No. 807A: Durable Goods Orders Benchmark Revision, GDP Outlook, Existing-Home Sales

May 20th, 2016

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Sharply Negative Benchmark Revisions to
Shipments of Manufacturers and New Orders for Durable Goods
Promise Downside Adjustments to GDP on July 29th

12% of the Recovery in Monthly Shipments, Post-2009 Trough,
Just Disappeared in Revision

Smoothed Existing-Home Sales Held in
Low-Level, Down-Trending Stagnation

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