Friday, February 21, 2020

Existing Home Sales … IHS Markit PMI

I’ll be busy later today. Look for the analysis and weekly Indicator update late Saturday.
 
EXISTING HOME SALES (MarketWatch)
“Sales of previously-owned homes fell slightly in January, but they still appear to be trending higher overall amid a mini-boom in the real estate business tied to tumbling mortgage rates. Existing-home sales slipped 1.3% last month…” Story at…
 
IHS MARKIT PMI (MarketWatch)
“Business in the U.S. contracted in February for the first time in four years owing to disruptions caused by the coronavirus and growing angst over the outcome of the 2020 presidential election, a survey of the economy has found…The forecasting firm IHS Markit said its indexes for manufacturers and service-oriented firms both declined this month… Story at…