Data Round-Up: Core CPI Continues to Trend Near +2%; Housing Starts Soar
posted by Michael Lewis on August 19, 2014
Found in US, categorized in Growth Outlook and Business Cycle
Core CPI inflation continued a summer lull, but not enough of one to change the prevailing +2% trend. Meanwhile, housing, a weak spot in the expansion this year, took a big step to correct that with sizeable gains in housing starts and permits.
FMI’s analyses of this morning’s July CPI and July Housing Starts data.