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.