It was a mixed night for the US economy. Second tier data was very good. The Philly Fed manufacturing gauge surged to 24 points, its highest since 2011 and the regional indexes are pointing to an accelerating ISM (charts from Calculated Risk):
Also good was weekly unemployment claims which dropped to 302k, the lowest level since mid 2007:
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However, these good readings were offset by material weakness in tier one data. Housing starts for June were weak: