Archive for February 18th, 2009

New Home Starts And Industrial Output Weak Again

Lots of stuff going on today, so, time permitting, I hope to post quite a bit. First, let’s dispense with the two big economic reports. Industrial output was down 1.8% in January and capacity utilization fell to 72% from 73.3% in December. No sub-sector reported a growth in output save for utilities who boosted energy […]