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US Housing Starts Unexpectedly Fall in January; Producer Prices Edge Upward

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 17, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Housing starts in the US unexpectedly declined by 3.8% in January 2016 to come in at a three-month low of 1,099,000 annualized units. This built on a revised 2.8% drop in December 2015 to 1,143,000 units (initially reported as a 2.5% dip to 1,149,000) and further retraced the 9.8% increase[​IMG]

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