THE BASIS POINT

Single Family Housing Starts Stagnant.

 

Housing Starts  (July 2015)

– Starts seasonally adjusted, annualized   1,206,000. Previous was 1,204,000
– Permits seasonally adjusted, annualized  1,119,000. Previous was 1,337,000.

Housing Starts are in units. Single family housing starts are up only 1.1% year on year.

Redbook Chain Store Sales (week ended 8/15/2015)

– Chain Store Sales year/year +1.6%. Previous was +1.9%.

 

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