Project Description
US
S&P500 -7.05%(2,416.62); NASDAQ -8.36% (6,333.00); DJIA -6.87% (22,445.37)
December’s Michigan Consumer Sentiment Index rose to 98.3 from November’s 97.5.
November’s Personal Income rose 0.2% from October’s +0.5%. Personal Spending rose 0.4% from October’s +0.8%.
Q3 2018 GDP Growth Annualized (third est.) rose 3.4% versus the previous estimate of 3.5%.
Q3 2018 Core Personal Consumption Expenditure rose 1.6% q/q versus Q2’s +2.1% q/q.
November’s Housing Starts rose 3.2% from October’s -1.6%. Building Permits rose 5.0% from October’s -0.6%.
November’s Existing Home Sales rose 1.9% from October’s 1.4%.
December’s NAHB Housing Market Index fell to 56 from November’s reading of 60.