This Week's State Of The Economy - What Is Ahead? - 23 July 2021

By: Taro Chellaram /Wells Fargo Economics & Financial Report/Jul 30, 2021

This Week's State Of The Economy - What Is Ahead? - 23 July 2021

In the biggest financial news this week not connected to college football conference realignment, July's NAHB Housing Market Index slipped one point to 80. Housing starts beat expectations and rose 6.3% during June, although building permits fell 5.1%. Existing home sales climbed 1.4%. The Leading Economic Index (LEI) advanced 0.7% in June. Initial jobless claims rose to 419K for the week ending July 17.  Next week we look forward to the Durable Goods Orders, Q2 Real GDP, Personal Income & Spending reports and Big XII buyout negotiations.




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