Weekly Economic Update: April 15-19, 2013

Apr 22 2013

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Housing starts jumped 7.0% to an annualized level of 1.036 million units in March. Building permits fell 3.9% to an annualized level of 902,000 units in March. The topline consumer price index fell 0.2% in March. Industrial production rose 0.4% in March. Initial jobless claims rose 4,000 to 352,000 for the week ended 4/13.

• Housing starts unexpectedly jumped 7.0% to an annualized level of 1.036 million units in March, and were up 46.7% from a year ago.

• Building permits fell 3.9% to an annualized level of 902,000 units in March.

• The topline consumer price index fell 0.2% in March. The core CPI was up 0.1%.

• Industrial production rose 0.4% in March.

• Initial jobless claims rose 4,000 to a level of 352,000 for the week ended April 13th.

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