No. 850: October Durable Goods Orders, New- and Existing-Home Sales
Gains in and Upside Revisions to October Durable Goods Data Reflected
Surging, Irregular Commercial Aircraft Orders (up 94%) or Inflation (up 0.4%)
Going into Fourth-Quarter 2016, Downwardly-Revised Real Durable Goods Orders,
Ex-Commercial Aircraft, Contracted Year-to-Year and Quarter-to-Quarter
That Signaled Continued, Broad Economic Downturn
October Automobile Orders and Shipments Turned Down and
Revised Lower in September
Home-Sales Activity Continued in Broad, Non-Recovering Stagnation
Monthly Decline in October New-Home Sales Was Muted by Prior-Period
Downside Revisions, Still Down by 59% (-59%) from Pre-Recession High
Strongest Since 2007, October Existing-Home Sales
Still Were Down by 23% (-23%) from Pre-Recession Peak
Proportions of All-Cash Sales and Sales in Foreclosure Increased in the Month