October Housing Starts increased 3.8%, Permits up 5.0%
11/19/19 - Building Permits
Privately‐owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,461,000. This is 5.0 percent (±1.7 percent) above the revised September rate of 1,391,000 and is 14.1 …more…
|
NAHB Builder Confidence edged one point lower to 70 in November
11/18/19 - Builder confidence in the market for newly built single-family homes edged one point lower to 70 in November, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. The past two months mark the highest sentiment …more…
|
Business Inventories unch% in September
11/15/19 - The combined value of distributive trade sales and manufacturers’ shipments for September, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,459.4 billion, down 0.2 percent (±0.2 percent)* from …more…
|
Forecasters See Lower Near-Term Growth
11/15/19 - The U.S. economy for the next four quarters looks weaker now than it did three months ago, according to 39 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The panel predicts real GDP will grow at an annual rate of 1.7 percent …more…
|
Industrial Production fell 0.8%
Capacity Utilization decreased to 76.7%
11/15/19 - Industrial production fell 0.8 percent in October after declining 0.3 percent in September. Manufacturing production decreased 0.6 percent in October. Much of this decline was due to a drop of 7.1 percent in the output of motor vehicles and …more…
|