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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