Mixed Hurricane Impact on Economic Reporting
Likely Will Be of Substance in the Next Several Months,
Beginning with September 2017 Detail


Other than for August Industrial Production, Impact Has Been Negligible, So Far


Underlying Negative Economic Trends Should Not Be Altered Meaningfully


Net of Inflation and Gyrating Commercial-Aircraft Orders, Durable Goods Orders
Were Down by 9.2% (-9.2%) from Their Non-Recovered, Pre-Recession Peak


In Deepening Quarterly Contractions, August New- and Existing-Home Sales Were
Down Respectively by 59.7% (-59.7%) and 26.4% (-26.4%) from Pre-Recession Peaks


Six-Month-Smoothed Trends in Home Sales Have Turned Increasingly Negative,
Showing Low-Level, Non-Recovered, Faltering Stagnation

 

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