Reversed some but still higher than expected, and still historically depressed:
However, the weather was very nice again in January (just like in December), and the weather probably had a significant impact on the seasonally adjusted housing starts number. The winter months of December and January have the largest seasonal factors, so nice weather can really have an impact.
A huge driver of stock prices got off to its worst start in 7 years, but that could change
Share buybacks got off to a slow start in 2020, with the $13.7 billion total in January the lowest since 2013.