Latest Economic Indicators
2Q GDP: 1.9%; 1.8% Y/Y
Producer Prices: 1.2%; 9.8% Y/Y (7/08)
Consumer Prices: 1.1%; 5.0% Y/Y (6/08)
Housing Starts: to 965,000 unit pace; 29.6% Y/Y (7/08)
Building Permits: to 937,000 unit pace; 32.4% Y/Y (7/08)
Industrial Production: 0.2%; 0.1% Y/Y (7/08)
Consumer Spending: 0.8%; 5.4% Y/Y (6/08)
New Home Sales: 0.6% to 530,000 units; 33.2% Y/Y (compared to 20.5% Y/Y for inventories) (6/08)
Light Vehicle Sales: to 12.5 million-unit pace (7/08)
Construction Spending: 0.3; 5.9% Y/Y (6/08)

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