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Posted On: 10/25/2019 10:09:10 AM
Post# of 126853
Economy continues to slow in the US!
Durable Goods: Durable goods orders were down -1.13% month-over-month. The GM strike and Boeing debacle exacerbated the headline decline. Nevertheless, economic data continues to slow in the U.S.
New Single-Family Homes Sold: New home sales were down -0.71% month-over-month. 701k homes were sold last month, down from 706k the month prior. Lower mortgage rates have helped home sales rebound from the sharp slowdown we saw in 2018.
https://www.fxstreet.com/analysis/economic-da...1910251331
Durable Goods: Durable goods orders were down -1.13% month-over-month. The GM strike and Boeing debacle exacerbated the headline decline. Nevertheless, economic data continues to slow in the U.S.
New Single-Family Homes Sold: New home sales were down -0.71% month-over-month. 701k homes were sold last month, down from 706k the month prior. Lower mortgage rates have helped home sales rebound from the sharp slowdown we saw in 2018.
https://www.fxstreet.com/analysis/economic-da...1910251331
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