Fundamentals 8/16: Chart-Fest On Housing, Consumer, Manufacturing Stats

Housing Starts -Starts – Level – Seasonally Adjusted Annual Rate (SAAR) – 604,000. -Previous was 629,000. -Permits – Level – SAAR 597,000. Previous was 624,000. The housing sector is an important part of the economy because housing construction creates so many other jobs, most of them domestic. The lack of sustained recovery may be due