Donald Trump will be sworn in as the 47th president of the United States at 12 noon eastern. When he takes the oath office for a second time at least one thing will be clear: He will enter the White House with an economy that’s in dramatically better shape than when he left four years ago.
Daily Archives: January 20, 2025
Macro Briefing: 20 January 2025
US housing starts rose for a second month in December, advancing to the highest annual rate since February. “Home builders closed 2024 with a bang following several months of more tepid paces of home construction,” says Nationwide Economist Daniel Vielhaber. The year-over-year trend, however, remains week. Despite the latest rebound, starts fell 4.4% last month vs. the year-earlier level.
