Report
Data Round-Up: New Home Sales Retrench in April; Fed Bank Surveys Mixed in May
posted by Michael Lewis on May 23, 2017
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Headline
New home sales fell more than expected in April, reflecting further payback from the mild winter and normal volatility. In any case, sales have leveled off in recent months after rising at a good clip for the past few years.
Abstract
FMI’s analyses of today’s April New Home Sales, plus notes on today's May Richmond & Philadelphia Fed regional surveys.
About Michael Lewis
Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.
FMI has compiled a solid record of timely, independent and accurate economic forecasts. FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.
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