Housing Starts/Building Permits a touch better. Canada Manufacturing Sales soars.

Written March 16, 2010 at 8:32 AM EST by  

Housing starts came in at 575K annualized pace while Building Permits were also a touch better at 612K vs 601K expectations

Canada Manufacturing Sales soared 2.4% vs 0.6% expectations. USDCAD is falling on the news

US Import Prices fall -0.3% the YoY comes down as well t0 -11.2% from 11.5% last month.  The next few months should show the YoY  trending back down as sharp gains from a year ago start to come out of the YoY equation.

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