November Freight Index Signaled Continued Weakening Economy and Non-Recovery

Nonsensical Month-to-Month Volatility in Housing Starts Continued:
September Fell 9.6% (-9.6%), October Gained 27.4%, November Fell 18.7% (-18.7%)

Most-Extreme Reporting Instability Since the Depths of the 1980 Recession

Smoothed Housing Starts and Permits Held in Non-Recovering, Low-Level Stagnation;
Activity Down Respectively by 52% (-52%) and 47% (-47%) from Pre-Recession Peaks

Broad U.S. Economic Activity Has Continued to Falter