Report Cover
Headline
Housing starts should remain in a flat-to-slightly-upward trend. While the timing of annual retooling shutdowns in the vehicle sector can roil results, the trend remains clearly healthy. Home sales are trending up, though gradually.
Abstract
The week began with an okay start this morning as the NY Fed’s Business Leaders Survey, a regional services poll, firmed slightly. The headline index rose more than a point to 5.4 in July, a level indicating modest expansion. The employment index perked up +4 points to 9. Also this morning, the National Association of Home Builders’ monthly index ticked down a point to 59 in July; it has been trading in a narrow, healthy range.About 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.
FMI's reports are driven by data releases in the U.S. And here are the major releases that they cover,
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