Free Markets, Free People

Economic Statistics for 17 Jan 13

The following US economic statistics were announced today:

Housing starts in December rose a sharp 12.1%, to a pace of 0.954 million units, following Novembers -4.3% drop.

Initial Jobless Claims fell much more than expected, down 37,000 to 335,000. The 4-week average fell 6,750 to 359,250, but continuing claims rose 87,000 to 3.214 million.

The Bloomberg Consumer Comfort Index fell 1.1 points points to -35.5.

The Philadelphia Fed Survey fell back into negative territory again, coming in at -5.8.

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Dale Franks
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