No. 535: Fed Jawboning, May Durable Goods, New- and Existing-Home Sales

(SGS Subscription required) • Irregular Surge in Commercial Aircraft Sales Generated Bulk of Gain in Durable Goods Orders
• Single-Unit Housing Starts, New- and Existing-Home Sales Down Respectively
by 67.1%, 65.7% and 28.7% from Pre-Recession Peaks
• Five-Year High in Confidence Still Is in Recession Territory

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