Free Markets, Free People

Economic Statistics for 17 Mar 15

Redbook reports that last week’s retail sales rose to a still-weak 2.7% on a year-ago basis, from the previous week’s 2.6%.

Housing starts unexpectedly fell a sharp -17.0% in February, to a 0.897 million unit pace, which is down -3.3% on a year-ago basis. Housing numbers have generally been weak for the last few months.

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