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The City Café

For those interested in sharing ideas and perspectives regarding local government.

Mostly good news, or at least better news from last week’s national economic indicators. Here is a quick summary. 

  • Housing market index for May up to 16 (expected up 2 to 16) 
  • Housing starts for April 458,000…not so good news (expected 520,000) 
  • Building permits for April 494,000 (expected 530,000) 
  • Leading indicators for April up 1.0%…good news (expected +0.8%) 
  • Initial jobless claims down 12,000 (expected to be down 12,000) 
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