Housing starts were higher than the highest estimate in our survey. Why all of a sudden this month? I think it takes time for some of these other data points to filter through, you know, home builder sentiment has slowly but surely been coming up. This doesn't just happen overnight. But that would be if sustained the first positive contribution from residential investment to GDP in two years.
Bloomberg News Economics Editor Molly Smith and Bloomberg News Reporter Simone Foxman break down the US and global housing outlook. Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow reports on FedEx earnings. Holly May, Global Chief Human Resources Officer at Walgreens Boots Alliance, discusses the company's commitment to improving mental health and wellbeing. And we Drive to the Close with David Trainer, CEO of New Constructs.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.