jeudi 16 avril 2015
3 Numbers: US housing hopes build, US jobless claims, Philly Fed
Posted on 00:06 by nice news
US economic news will dominate today’s release schedule, including the monthly update on residential housing construction for March. We’ll also see new data on initial jobless claims and an early peek at second-quarter activity via the Philly Fed’s index of manufacturing activity in the bank’s district.
US: Housing Starts (12:30 GMT) Yesterday’s encouraging update on sentiment in the home building industry provides support for thinking optimistically about residential real estate's contribution to macro momentum. The NAHB Housing Market Index jumped four points to 56 in the April reading. The bigger-than-expected rise lifts this benchmark to its highest level in three months.
The question today is whether the improving mood will translate into stronger numbers for residential housing construction? Yes, according to economists. Econoday.com’s consensus forecast anticipates improvement in today’s monthly report. Housing starts for March are expected to jump to 1.04m units - a solid rise over the previous month’s 897,000 total.
US: Housing Starts (12:30 GMT) Yesterday’s encouraging update on sentiment in the home building industry provides support for thinking optimistically about residential real estate's contribution to macro momentum. The NAHB Housing Market Index jumped four points to 56 in the April reading. The bigger-than-expected rise lifts this benchmark to its highest level in three months.
The question today is whether the improving mood will translate into stronger numbers for residential housing construction? Yes, according to economists. Econoday.com’s consensus forecast anticipates improvement in today’s monthly report. Housing starts for March are expected to jump to 1.04m units - a solid rise over the previous month’s 897,000 total.
3 Numbers: US housing hopes build, US jobless claims, Philly Fed
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