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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (198097)10/17/2002 8:40:30 AM
From: orkrious  Read Replies (2) of 436258
 
08:34 ET Starts much stronger than expected; claims worse
Housing Starts soared 13.3% to 1.843 mln, well above the consensus of 1.64 and the best reading since 1986; starts may have been helped by mild September weather. However, permits also were very strong, rising 3.7%, and suggesting underlying strength in housing continues. Jobless claims jumped 22K to 411K, reversing the prior week's decline and indicating that this recovery continues to be a jobless recovery.
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