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17th Feb 2026 10:54USDaily Monitor
  • The recent stabilization in building permits probably will be short-lived, given the inventory overhang… 
  • …Residential construction spending and employment look set to remain under pressure. 
  • Rising industrial production is mostly due to AI and aircraft demand, not an emerging tariff boost.

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Keywords for: 19 February 2026 US Monitor

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