U.S. Building Permits revisited.
On June 20, 2011, we talked about US Building Permits (Housing starts) as one of 3 leading economic indicators.
For anyone following US Housing starts, the Bloomberg article today, 629,000 starts is good news … but nothing to get excited about.
Housing Starts still have a long way to go.
Risk ManagementDoug Cronk CFA is Manager, Investments for a Canadian Pension Plan