No. 822: Durable Goods Orders, Home Sales, Freight Index, Household Income
Broad Economic Downtrend Continued,
Despite a Likely Positive, First Guesstimate of Second-Quarter GDP
Real Durable Goods Orders Tumbled in Second-Quarter 2016
Both Before (-0.8%) and After (-4.1%) Consideration for Commercial Aircraft
Year-to-Year New Orders Fell Sharply in June 2016,
Both Before and After Consideration of Inflation and Commercial Aircraft
Aggregate Real Durable Goods Orders Continued in Smoothed,
Down-Trending, Low-Level Stagnation and Non-Recovery
Absurd Surges in New-Home Sales Activity Were Not Significant, with the
Series in Continued Low-Level Stagnation and Non-Recovery,
Still Shy of its Pre-Recession Peak by 57.4% (-57.4%)
Despite Highest Existing-Home Sales Level Since 2007,
Activity Remained Shy of its Pre-Recession Peak by 23.4% (-23.4%),
Continuing in a Smoothed Pattern of Non-Recovering Stagnation
Freight Index Showed Deepening New Recession, No Recovery
After Tumbling in April and May,
Real Median Household Income Ticked Insignificantly Higher in June