10/18: MetroIntelligence Economic Update by P. DUFFY

September housing starts fell 9.4 percent from August, but up 1.6 percent year-on-year
Privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,256,000, down 9.4 percent from August but up 1.6 percent year-on-year.  For just single‐family housing starts alone, in September they rose 0.3 percent from August to a rate of 918,000.
https://www.census.gov/construction/nrc/pdf/newresconst.pdf

September building permits declined 2.7 percent from August, but up 7.7 percent year-on-year
Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,387,000, down 2.7 percent from August but up 7.7 percent year-on-year.  Single‐family authorizations in September were up 0.8 percent from August to a rate of 882,000.
https://www.census.gov/construction/nrc/pdf/newresconst.pdf

September industrial production down 0.4 percent from August and 0.1 percent year-on-year
Industrial production fell back 0.4 percent in September after advancing 0.8 percent in August, but was also down 0.1 percent year-on-year. Still, in September, production was 109.5 percent of its 2012 average.  For the third quarter, industrial production rose at an annual rate of 1.2 percent following declines of about 2 percent in both the first and the second quarters.  Capacity utilization for the industrial sector decreased 0.4 percentage point in September to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2018) average.
https://www.federalreserve.gov/releases/g17/current/