Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
US housing starts for July 1.534M vs 1.60M estimate
US housing starts for July 2021
- was 1.643M revised to 1.65M
- housing starts -7.0% versus Junes +3.5% (was +6.3%)
- Building permits 1.635M versus prior 1.594M unrevised from prior month
Leave a comment