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

 

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