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15th Aug 2024 19:09USDaily Monitor

  • July’s drop in single-family starts was concentrated in the South, probably a hit from Hurricane Beryl...
  • ..Still, the overhang of new home inventory points to a downturn in residential construction.
  • Consumers’ confidence has picked up despite the stock market dip, pointing to solid spending growth.

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Keywords for: 19 August 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence