- U.S. homebuilding tumbled from a more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.
- The Philadelphia Fed survey’s measure of prices received by manufacturers in the mid-Atlantic region fell in October, as did a gauge of prices paid by factories.
- The four-week average of claims rose 2,000 between the September and October survey period, suggesting little change in the moderate pace of job growth.
- U.S. housing starts fall from 12-year high (Reuters: Oct 17, 2019 at 12:30 PM)
- U.S. housing starts fall; mid-Atlantic factory activity slows (Reuters: Oct 17, 2019 at 1:10 PM)
- US housing starts fall (The Business Times: Oct 17, 2019 at 12:00 AM)