U.S. Dec. Housing Starts Fall 8.2%

The video discusses recent economic data, highlighting a decrease in building permits and jobless claims. The market remains relatively stable with little change in the treasury market and dollar index. Michelle Gerard, a chief economist, provides insights into the housing market, noting weak December numbers but strong fourth-quarter performance due to hurricane recovery. She anticipates growth in the housing sector in 2018.

What was the percentage decrease in building permits for December?

• 8.2%

• 2.5%

• 1/10 of 1%

• 5%

How did the 10-year treasury market perform according to the transcript?

• It showed significant gains

• It remained stable

• It was in sell-off mode

• It experienced a slight increase

Who is Michelle Gerard?

• A financial analyst at Nat West Capital Markets

• A housing market expert

• A stock market analyst

• Chief US economist at Nat West Capital Markets

What factor contributed to the strong housing data in the fourth quarter?

• Government incentives

• Increased foreign investment

• A rebound from summer hurricanes

• A decrease in interest rates

What is Michelle Gerard's outlook for the housing sector in 2018?

• It will decline significantly

• It is poised to take another leg up

• It will face major challenges

• It will remain stagnant