Economic numbers released today continue to show the Trump economy moving right along with surprising growth. Reduced short-term interest rates from the Federal Reserve may be helping this process as inflation remains muted.
Building Permits (MoM) (Nov) printed at 1.482M vs 1.41M consensus estimate, up 1.4% in Nov.
Housing Starts (MoM) (Nov) printed at 1.365M vs 1.345M estimate, up 3.2% in Nov.
U.S. Industrial Production (Nov) printed at 1.1% vs 08.% increase expected.
Capacity Utilization (Nov) printed at 77.3% vs 77.4% consensus.
JOLTS Job Openings (Oct) were 7.267M vs 7.018M expected.
IBD/TIPP Economic Optimism (MoM) (Dec) printed at 57 vs 54.2.