No. 603: January Durable Goods Orders and Home Sales

(SGS Subscription required) • Durable Goods Orders in Downturn
• Statistically Indistinguishable from January 2013, January 2014 “5-1/2 Year High” in New-Home Sales Still Was 65% Below Pre-Recession Peak
• At 1-1/2 Year Low, Existing-Home Sales Fell Sharply— Month-to-Month and Year-to-Year—37% Below Pre-Recession High

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