by New Deal democrat
Extended comments on industrial production, housing permits and starts at Seeking Alpha
My take on the Industrial Production report yesterday, and my extended take on the housing permits and starts report this morning, are both up at Seeking Alpha. You can click on the respective links to access them.
In each case, the YoY comparisons are getting more challenging. In the case of industrial production, it means a downshift in outsized gains. In the case of housing, it means numbers that are barely ahead of, or even worse than, one year ago.