{"id":187743,"date":"2011-03-16T19:15:00","date_gmt":"2011-03-17T00:15:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2011\/03\/16\/economics-update-5\/"},"modified":"2011-03-16T19:15:00","modified_gmt":"2011-03-17T00:15:00","slug":"economics-update-5","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2011\/03\/16\/economics-update-5\/","title":{"rendered":"Economics Update"},"content":{"rendered":"<p>Really just a few data points here, with <a href=\"http:\/\/www.housingwire.com\/2011\/03\/16\/housing-starts-fell-22-5-in-february\">housing starts falling sharply<\/a>, 22%, in February, and we are seeing <a href=\"http:\/\/www.reuters.com\/article\/2011\/03\/16\/us-usa-economy-prices-idUSTRE72F3WV20110316\">uptick on the producer price index<\/a>.<\/p>\n<p>The former is a mark of sanity, there are still too many homes, new, used, and foreclosures, out there, and if you are building houses without a buyer committed ahead of time, you are nuts in most parts of the country.<\/p>\n<p>As to the PPI, it&#8217;s all volatility in commodities, so I would not worry right now, which is what the FOMC said yesterday in its statement as well.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Really just a few data points here, with housing starts falling sharply, 22%, in February, and we are seeing uptick on the producer price index. The former is a mark of sanity, there are still too many homes, new, used, and foreclosures, out there, and if you are building houses without a buyer committed ahead &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,1200,1088],"tags":[],"class_list":["post-187743","post","type-post","status-publish","format-standard","hentry","category-economy","category-inflation","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/187743"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=187743"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/187743\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=187743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=187743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=187743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}