News & Commentary Weekly Highlights:

• Project Syndicate: The Fed Versus Price Stability (Thursday)
• E21: Jobs, Jobs, Jobs—and Nothing to Show for Them? (Wednesday)
• New York Times: A 3-D View of a Chart That Predicts the Economic Future (Wednesday)
• Market Watch: The U.S. economy still not following script for breakout year (Monday)
• Wall Street Journal: American Class Perceptions Weather Economic Storm (Sunday)

 

Top Economic Indicator Highlights:

Housing Starts (February)

• Starts (annual rate): 897,000 units, -17.0%, 12-mo chg.: -3.3%
• Permits (annual rate): 1,092,000 units, +3.0%, 12-mo chg.: +7.7%
• Noteworthy: Housing fell unexpectedly far in February after no change in January. Housing permits were more positive after no change in January.
• Series Detail: A housing start is registered at start of construction of a new, primarily residential, building. The start of construction is registered at the beginning of excavation for the building foundation.

 

THIS WEEK

Upcoming Economic Reports & Releases:

Major Indicators

• Existing Home Sales (10am, Monday)
• Consumer Price Index (8:30am, Tuesday)
• New Home Sales (10am, Tuesday)
• Durable Goods Orders (8:30am, Wednesday)
• GDP (8:30am, Friday)

 

Chart of the Week: