Wednesday, February 19, 2014

Headline PPI was 0.2 vs est 0.1, this is generally a slight negative for pricing but there is a new methodology that has to be reconciled. Core PPI was also 0.2%. Housing Permits were 937K vs est 980K Housing Starts 880K vs est 950K but the prior period was revised upward significantly. Overall, this is a mixed bag for pricing

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