Via a Fox Biz news alert or three:
New claims for U.S. unemployment benefits fell to 335,000 last week — the lowest level since January 2008 — from an upwardly revised 372,000 the week prior. Claims were expected to fall to 365,000 from an initially reported 371,000.
U.S. housing starts jumped 12.1% in December from November to an annualized 954,000-unit rate, the highest rate since June 2008. Permits rose 0.3% to an annualized rate of 903,000 units.
BREAKING MARKET NEWS: Data Spark Rally on Wall Street; Stocks at Five-Year Highs
If only those inept Democrats weren’t in office, we’d see some upward movement in the economy, dammit!