Durable Orders, New Home Sales
Looks like things could be slowing down in the manufacturing sector, while the housing sector is still breathing.
April Durable Orders -4.8%
Inside the number: The 1st drop since January. March revised up to +6.6% from +6.4%. The April drop was broadbased and led by a 32.2 % drop in aircraft orders.
Core capital goods equipment -1.7%. Ex transportation (including aircraft) Orders -1.1%. Ex defense Orders -3.8%. Full Report
April New Home Sales +4.9% to 1.20M
Inside the number: unsold inventory +2.4% to 565k a 5.8 month supply. Sales YOY -5.7%. Full Report
April Durable Orders -4.8%
Inside the number: The 1st drop since January. March revised up to +6.6% from +6.4%. The April drop was broadbased and led by a 32.2 % drop in aircraft orders.
Core capital goods equipment -1.7%. Ex transportation (including aircraft) Orders -1.1%. Ex defense Orders -3.8%. Full Report
April New Home Sales +4.9% to 1.20M
Inside the number: unsold inventory +2.4% to 565k a 5.8 month supply. Sales YOY -5.7%. Full Report
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