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Remember how news media used to report on Housing Starts? They treated it like a big deal because it is a really important leading economic indicator.

They are ignoring it as part of their current pattern of "vibes reporting," which isn't reporting at all but instead narrative-creating.

Bidenomics
04:22 PM - May 14, 2024
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Link for fellow policy & data nerds
https://fred.stlouisfed.org/series/HOUST
04:24 PM - May 14, 2024
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