Housing Starts (Nov)
| Survey | 1176K |
| Actual | 1187K |
| Prior | 1229K |
| Revised | 1232K |
Building Permits (Nov)
| Survey | 1150K |
| Actual | 1152K |
| Prior | 1178K |
| Revised | 1170K |
While housing is still down and out, I’m going out on a limb and saying it’s not going to get much worse, and the next meaningful move is up, particularly if exports hold up. December, January, and February are slow months, and the data doesn’t tell me much; so, it will be ninety days before we get any clarity of where it’s actually going.
ABC Consumer Confidence (Dec 16)
| Survey | n/a |
| Actual | -17 |
| Prior | -23 |
| Revised | n/a |
The CNBC Effect wearing off some?
♥