U.S. Economic News

December 17, 2020

U.S. Economic Indicators

Initial jobless claims rose 23,000 to 885,000 last week. The four-week moving average increased 34,250 to 812,500. DOL Report

Privately-owned housing starts increased 1.2% in November to a seasonally adjusted annual rate of 1.55 million (up 12.8% year-over-year). Housing permits rose 6.2% to a 1.64 million annual pace (up 8.5% from last year). Census Bureau Report