Housing starts can indicate future strength in the housing sector of the economy and is closely related to interest rates and other basic economic factors. Housing starts is an indication of consumer confidence in making long term financial commitments. Industrial Production is released by the Federal Reserve Board monthly. It gives a measure of industrial production that is subject to revision for 4 months. Its a measure of the change in output in US manufacturing, mining, and electric and gas utilities.
Output refers to the physical quantity of items produced.
Released by the Bureau of Economic Analysis, the Current Account data detail the balance of goods, investments and services with other countries. The current account is running a deficit reflecting excessive imports. All rights reserved.