Data Round-Up: Soft Housing Starts Point to Modest Residential Gain in 17Q2 GDP

posted by Michael Lewis on June 16, 2017

Found in US, categorized in Macro

Tags: FMI michael lewis housing starts

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Housing starts disappointed in May. Real residential investment was sure to moderate after its +14% surge in 17Q1. Now, FMI expects the sector will post only a modest gain, if that. Overall, however, we are still tracking +3% real GDP growth for 17Q2.


FMI’s analyses of this morning’s May Housing Starts report plus May U.S. Dollar & Trade Prices and May Bank Lending & Money Supply results. 

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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