Dean Maki Quotes
The report does not change the picture of robust housing starts in the first quarter, but it does indicate that starts have begun to slow notably from the weather-driven January-February surge. 
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Report | Change | Picture | Robust | Housing |
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First-quarter growth is going to be very strong, so the question now is whether that strength is going to continue. These reports suggest that at least certain parts of the economy aren't going to continue accelerating, with housing being the most notable example.
- Dean Maki
They will tend to think of that at the upper end of the neutral range and in this situation, where we've have such a steady decline in the unemployment rate and there are concerns about tightening resource utilization, they'd just as soon go up to the upper end of that range...to try to ensure that inflation doesn't pick up.
- Dean Maki