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Economic Indicators Continue To Show Strong Trump Economy

By CDM Staff

December 18, 2019

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Economic Indicators Continue To Show Strong Trump Economy — *View of the factory of the Sheboygan Manufacturing Company, a chair maker, c. 1895*

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.

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CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."