Weekly Economic & Financial Commentary: Mixed Fortunes for the Global Economy

<p>U.S. Review Housing Remains at the Forefront of the Recovery Housing starts jumped 5.8% during December. Single-family starts soared 12%, while multifamily starts dropped 13.6%. Total starts are running at a 1.67 million-unit pace, the strongest pace since 2006. Existing home sales rose 0.7% to a 6.76 million-unit pace in December. Mortgage applications for purchase […]</p>
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