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The Equilibrium Report: 12/15/14 to 12/19/14

12/15- Home builder's Survey(Dec)

The National Association of Home Builders/ Wells Fargo sentiment fell to 57 from 58 last month. A Bloomberg survey had the gauge going to 59. Overall, this slip is not too bad as we only fell by a point and we are still at a 9 year high.

http://www.bloomberg.com/news/2014-12-15/homebuilder-confidence-in-u-s-hovers-around-nine-year-high.html

 

12/16- Housing Starts (Nov),Housing Starts (Nov)

Housing start permits fell for the month of November. Ground breaking declined 1.6% to a seasonally adjusted 1.028 million-unit pace.  Although we had a drop, we still had a strong total number, which show we are growing at a steady pace.

http://www.cnbc.com/id/102272180

 

12/17- Consumer Price Index (Q3), Consumer Price Index (Q3)

CPI feel by 0.30% which is the largest drop since December of 2008. CPI staying this low is keeping the inflation rate under the fed's 2% level, but many believe the fed will still raise rates next year, even if its stay below due to other factors that are showing the US economy's strength.

 

12/18- Initial and continuing jobless claims

Initial jobless claims dropped by 6,000 to a level of 289,000. Economist estimated a level of 293,000. Continuing claims feel to by 147K to a level of 2.37 million.  This might indicate that the labor market is still moving along with a lot of strength. This strong indicator is surely to be used as a strong pro for rate increases next year.

http://www.latimes.com/local/la-fi-jobless-claims-20141218-story.html



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