Housing starts for November rose 9.3% to 685,000. The highest annual rate since April 2010. Leading the way was multi-family units, rising 32.2%. Single-family units saw an increase of 2.3%. Over the last year, housing starts are up 24.3%. The Housing Starts report measures the number of residential units on which construction is begun each [...]
ShareDisplayed in this chart are the average monthly returns for the Dow Jones Industrial Average since 1929. July tops the list with an average return of 1.5%, while December and January come in second and fourth overall. It’s possible stocks could be in for gain before year-end because of something that’s become known as the [...]
ShareInitial jobless claims dropped 19,000 for the week ending December 10th to 366,000. This marks the lowest level for initial claims since May 2008. Though the weekly claims report can be volatile, 5 of the past 6 weeks have come in below the 400,000 mark. A sign that perhaps the employment sector is improving. The [...]
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