Some interesting figures coming out of Forbes late last week.
Although America has not had the Br$x*t (can't even say it now) and associated weakening of the pound to contend with, given how the country's markets affect ours they were good to read.
Housing starts moved up by 2.1 percent, from just under 1.2 million to just over 1.2 million, beating expectations of a flat month. These numbers reflect the second-highest level since late 2007. Also industrial production continuing its rebound with an increase of 0.7 percent, the biggest jump since November 2014. This gain was offset by a downward revision in the previous month from 0.6 percent to 0.4 percent. Much of this expansion was due to increases in utilities production. Manufacturing also beat expectations, with growth of 0.5 percent, which was the most improvement in a year and well over expectations of 0.3 percent, suggesting that the U.S. manufacturing recovery continues to gain strength. Manufacturing has been a weakness this year, but the continued moderation of the value of the dollar suggests that we may see continued improvement.