Global Macro Perspectives
(For The Week Ending September 17, 2010) ECRI Weekly Leading Index for week ending September 17, 2010 was reported down 8.7%. Prior reading was at -9.3% (revised -0.1% lower). This is it for this leg down. Chart 1. ECRI Weekly Leading Index
(For August) U.S. new home sales were unchanged in August at 288.000 SAAR, the consensus was at 295.000 SAAR, prior reading (revised upward 12.000) was also at 288.000 SAAR. And markets move higher on this too… Chart 1. U.S. New Home Sales SAAR
(For August 2010) Durable good orders fell -1.3% in August vs. -1.0% consensus and +0.7% decrease in July (revised upwards from +0.3%). Chart 1. U.S. Durable Goods Orders Transportation taken out the figure was a increase of 2.0% vs. -2.8% fall in July (revised upwards from -3.8%). The consensus was at +1.0%. Chart 2. U.S. Durable Goods Orders […]