Could the surprising decline in housing starts signal a slowdown ahead?
THE PROBLEM WITH MOST market indicators is that they can shift on a dime. Investors, for instance, may seem utterly confident about the economy one day—until the Dow plunges more than 1,000 points in a week, at which time that assuredness goes away. Yet there is one indicator with a great record at predicting the mood several months out: housing starts.
This story is from the May 2018 edition of Money.
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This story is from the May 2018 edition of Money.
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