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18th Dec 2023 18:09U.S., Daily Monitor

  • Homebase signals December payroll growth of about 225K; no sign of further weakening yet.
  • Lower rates are beginning to cheer homebuilders, who will gain further market share as home sales rise.
  • Single-family construction is rebounding, fitfully, but the multi-family rollover has further to go.

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Keywords for: 19 December 2023 US Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence