U.S. ECO PREVIEW: New Home Sales, Richmond Fed Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Sales of new single-family homes seen rising 2.3% in April to 523k annual rate (forecast range 508k to 533k).
Alert: HALISTER1- In March, new home sales dropped for 3rd month, falling 1.5% to 511k, reflecting weakest pace of demand in West since July 2014
- Richmond Fed Manufacturing Index seen at 8 in May vs. 14 in April (forecast range 4 to 12); tracks sentiment among manufacturers in Virginia, Maryland, North and South Carolina, District of Columbia, most of West Virginia
Source: BFW (Bloomberg First Word)
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UUID: 7947283