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Economic Analysis SEPTEMBER 24 TH, 2009. Equities’ Correlation to the Fed Housing Starts Up Initial Unemployment Claims (released today) Existing Home.

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Presentation on theme: "Economic Analysis SEPTEMBER 24 TH, 2009. Equities’ Correlation to the Fed Housing Starts Up Initial Unemployment Claims (released today) Existing Home."— Presentation transcript:

1 Economic Analysis SEPTEMBER 24 TH, 2009

2 Equities’ Correlation to the Fed Housing Starts Up Initial Unemployment Claims (released today) Existing Home Sales (dropped 2.7%) Board says Indicators are Up Key Points

3 Housing Starts

4 Housing Starts (percentage)

5 Up next: –Today  initial claim, existing home sales –Friday  durable goods sales, new home sales Sectors that have held up: –Basic materials, technology (hardware and semi-conductors), consumer services (gambling), and consumer goods


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