Census Bureau

Orders for goods expected to last longer than three years deteriorated in May 2018 according to the Census Bureau.  Their report on Durable Goods Orders fell 0.6 percent, worsening for a second consecutive period.  April’s tally dropped a revised 1.0 percent (originally minus 1.7 percent).

Sales of new homes moved higher in May according to the Census Bureau.  On a seasonally adjusted basis, transactions reached 689,000 units.  This demonstrates an increase of 6.4 percent from April and 14.1 percent above the tally from a year ago.  New home sales are helping push our economy ahead.

Sales of existing homes moved higher in May according to the Census Bureau.  On a seasonally adjusted basis, transactions reached 689,000 units.  This demonstrates an increase of 6.4 percent from April and 14.1 percent above the tally from a year ago.  New home sales are helping push our economy ahead.

Orders for durable goods declined in January 2018 according to the Census Bureau.  Falling 3.7 percent to $239.7 billion, this indicator gave back all of December’s downwardly revised gain of 2.6 percent (originally 2.9 percent) and then some.  This most recent setback took the year-over-year number down from 11.3 percent to 6.8 percent, signaling some deceleration from the nati

Retail sales suffered a setback to start 2018 per the latest data from the Census Bureau.  The headline tally declined 0.3 percent, but it gets worse.  December’s figures were downwardly revised to unchanged after an initial reading of 0.4 percent which should push the nation’s fourth-quarter gross domestic product (GDP) count lower when its revision is released later this