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November 17, 2004

Dow Posts Triple-Digit Gains on Economic News


In other economic data released Wednesday, U.S. housing starts increased about 6.4 percent in October to a seasonally adjusted annualized rate of 2.027 million, the Commerce Department estimated. It's the highest level of housing starts since last December, and was well above economist forecasts.

Meanwhile, U.S. industrial production rose a larger-than-expected 0.7 percent in October, largely as a result of a "bounceback" from a slowdown in September's output caused by the spate of hurricanes in the Southeast, the Federal Reserve said.

By Popular Demand:

The guy just won't stay retired.

I feel like a Berlin re-union, where I'm all psyched to play my new shit, but everyone just wants to hear The Metro.

Eh. There are worse fates.

digg this
posted by Ace at 12:48 PM

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