Wells Fargo Weekly Economic & Financial Commentary — September 26, 2014

  • by BPC Staff
  • on September 26, 2014
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Economics Group: Weekly Economic & Financial Commentary

U.S. Review

Economy Firms Heading into Fall

  • The third print for Q2 GDP showed the economy advancing at 4.6 percent annualized clip compared to the initially reported 4.0 percent rate.
  • Following record aircraft orders in July, durable goods orders plunged 18.2 percent in August. Excluding the volatile transportation sector, however, activity in the manufacturing sector continued to expand at a healthy clip.
  • New homes sales continued to climb gradually higher in August. While existing home sales pulled back slightly in August, new home sales jumped 18.0 percent to a post-recession high.

Follow the link below for the full report.

Wells Fargo Weekly Economic & Financial Commentary – September 26, 2014 

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