Philly Fed, Existing Home Sales Weak
May 22, 2011 | 
Author The Philly Fed index, existing-home sales and leading indicators all came in much weaker than expected. Philly was 3.9, vs. expectations of about 20, way down from 18.5 last month. That’s the lowest Philly Fed since October 2010. Existing home sales fell 0.8%, vs. expectations of a slight gain. Leading indicators fell 0.3%, vs. expectations of a 0.1% gain. This was the first decline since June …
Published May 19, 2011.
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