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Housing Starts Increased to 1.499 million Annual Rate in December

From the Census Bureau: Permits, Starts and Completions
Housing Starts:
Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,499,000. This is 15.8 percent above …

NAHB: Builder Confidence "Edges Up" in January

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 47, up from 46 last month. Any number below 50 indicates that more builders view sales conditions as p…

Cleveland Fed: Median CPI increased 0.3% and Trimmed-mean CPI increased 0.3% in November

<div>The Cleveland Fed released the median CPI and the trimmed-mean CPI.

According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in December. The 16% trimmed-me…

YoY Measures of Inflation: Services, Goods and Shelter

Here are a few measures of inflation:

The first graph is the one Fed Chair Powell had mentioned when services less rent of shelter was up around 8% year-over-year.  This declined, but is still eleva…

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