Industrial production fell .5% in February a 4th straight decline as utilities and mining activity both fell sharply compliments of the weather and the fracking bust according to the official narrative.
Housing starts and permits were mixed in February as permits missed expectations falling 3.1% to 1.167 million units annualized. Starts increased 5.2% to 1.12 million units annualized.
This is Caleb Lawrence Registered Investment Adviser Scotts Valley Drive and Willis Road in the Scotts Valley Plaza, Suite 202 or call me toll free at 888-RICH PIG / 888-742-4744.
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