May 27, 2009 Review of National Economic Indicators
Mostly good news, or at least better news from last week’s national economic indicators. Here is a quick summary.
- Housing market index for May up to 16 (expected up 2 to 16)
- Housing starts for April 458,000…not so good news (expected 520,000)
- Building permits for April 494,000 (expected 530,000)
- Leading indicators for April up 1.0%…good news (expected +0.8%)
- Initial jobless claims down 12,000 (expected to be down 12,000)