Thursday, January 17, 2013

Morning Journal--Obama's 23 executive orders on gun control

Economics

   This Week’s Data

            December industrial production rose 0.3% versus expectations of a 0.2% increase; capacity utilization came in at 78.8 versus estimates of 78.5.

            The Fed released its latest Beige Book which reported ‘modest to moderate growth’ in all regions.  Any weakness (unemployment) was blamed on fear over the fiscal cliff.

            December housing starts were up 12% versus forecasts of up 4%; building permits were up 0.3% versus an anticipated rise of 1.1%.

            Weekly jobless claims fell 37,000 versus expectations of a 4,000 decline.

   Other

            C&I loans are up (short):


            But not for the little guy (medium):

Politics

  Domestic

Obama’s 23 gun control executive orders (medium):

  International War Against Radical Islam

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