Some of the best Economic Data on jobs, housing, and inflation in years. In some cases decades. Heres what we learned. The labor market is strengthening. Jobless claims tumbled to a level not seen since Richard Nixon was in office. Home construction is ramping up, rising at its fastest pace since 2007. Inflation, something the Federal Reserve has been searching for, is showing signs of firming. But across america, as we know, there is an economic divide with many feeling uncertain about their economic future. And the upbeat picture we got today may not tell the whole story. Reporter call it the data disconnect. Consumer price numbers, up. Housing starts, up. Jobless claims down. Now at 43year lows. Theyre among the most positive economic reports in decades. Those numbers do explain why Federal Reserve chair janet yellen says an Interest Rate hike may be imminent. What they dont explain is the unrest president elect trump successfully mind in last weeks election. Take Consumer Prices. U
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