Final demand prices increased 0.3% in January.
Index for final demand rose 0.9% for 12 months ended January 2024.
2023 housing starts were 9% below 2022.
How to sustain profit margins in today’s economy.
Permits were 4.1% above November 2022.
Core inflation edged up 0.1% in the month.
Permits were also down in October 2023 from a year ago.
The October decline is the largest since April 2020.
For the past 12 months, index advanced 2.2%.
Permits were down 2.7% from the year before.