Marketwatch 666

The key economic reports released last week were the second estimate of 1st quarter GDP and the April report on Personal Income and Spending , both from the Bureau of Economic Analysis, and the April advance report on durable goods and the April report on new home sales , both from the Census bureau….This week also saw the release of the widely watched March Case-Shiller Home Price Index from S&P Case-Shiller , an index which is computed from the relative average of January, February & March home sales prices as compared to home sales prices of the same homes when they sold during previous 3 month periods; the Case Shiller index indicated that home prices nationally for those 3 months averaged 0.7% higher than prices for the same homes that sold during the same 3 month period a year earlier, down from the 0.8% year over year increase they reported for their February national index, covering home prices for December, January and February… In addition, the last two regional Fed...

The key economic releases from government agencies during the past week were the Advance Estimate of 1st quarter GDP and the concurrent March report on Personal Income and Spending , both from the Bureau of Economic Analysis; other widely watched releases included the March advance report on durable goods and the March report on New Residential Construction , both from the Census bureau… Major privately issued reports released during the week included the February Case-Shiller Home Price Index from S&P Case-Shiller, which indicated that their index of the relative average of December, January and February home prices was 0.7% higher than their index of average prices for the same homes that sold during the same 3 month period of a year earlier; the light vehicle sales report for April from Wards Automotive , which estimated that vehicles sold at a 16.4 million annual rate in April, up from the 16.3 million sales rate in March, but down from the 17.27 million annual sales rate re...

Major economic reports that were released last week were the December Producer Price Index , the November report on our International Trade from agencies within the Commerce Dept, and both the advance report on durable goods for November and the Full Report on Manufacturers’ Shipments, Inventories and Orders for November , and the November report on Wholesale Trade, Sales and Inventories , all from the Census Bureau….this week also saw the widely watched Case-Shiller Home Price Index for November from S&P Case-Shiller, which indicated that their national home price index for September, October and November averaged 1.4% higher than it was for prices of the same homes that sold during the same 3 month period a year earlier, which was the same as the 1.4% year over year index increase indicated by their October report, which indexed home sales prices over August, September and October against those of the same three months of a year earlier…. The week also saw the release of ...