4505 Outlook

Economic Outlook, September 20, 2019

Sep 20, 2019  | Ep4505

Despite threats of an economic slowdown and the potential for a recession the U.S. economy is showing signs of good health. --

Housing starts jumped 12.3 percent last month on a surge in apartment construction.

Existing home sales rose 1.3 percent - a 17-month high.

The Fed cut interest rates by a quarter point. They also injected money into the overnight repurchase agreement for the first time since the Great Recession.

Creighton’s 10-state Rural Mainstreet Index climbed above growth neutral as stalled Chinese trade talks reduced banker confidence.

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