Housing Starts fell 11% from last month, which is a seven month low and an immediate downer if you just read the headline. On the other hand, Starts have been above the one million mark now for seven straight months–the longest stretch since 2007. Building Permits, an indication of next month’s Housing Starts rose 4.1% last month.
Other interesting tidbits on info: Goldman Sachs is forecasting a 43% spike in The chance of a Fed rate hike on December 16th is at 66% today.
