No. 768: October Housing Starts, Economic Review

(SGS Subscription required) • Downwardly-Revised Housing Starts at Seven-Month Low, Declined Monthly, Quarterly and Annually
• Contraction Indicated for Fourth-Quarter Housing Starts
• Third-Quarter 2015 GDP Growth Generally Should Revise Lower, Fourth-Quarter 2015 GDP Increasingly Faces a Quarterly Downturn
• Total Housing Starts Down 53% (-53%), Single-Unit Starts Down 60% (-60%) From Pre-Recession Highs
• Intensifying U.S.Economic Weakness Should Become Dominant Concern of U.S. Financial Markets

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