Weekly Summary of Economic Data

August 29, 2011
By

Calculated Risk has their always excellent weekly roundup of Economic Releases from last week. Short and informative with their standout charts and graphs.

New Home sales were down slightly, GDP was poor, mortgage delinquincies increased slightly, new home inventory was at the lowest on record (Yay!) but obviously the big issue is existing home inventory, the regional Fed’s surveys of economic activity ranged from awful to not good, consumer sentiment was down sharply, nothing much one way or the other on Commercial Real Estate prices and Unemplyement claims are still above 400 thousand.

Overall a disappointing week on the economic front.

 

 

 

 

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