Which of the following most accurately describes the relationship between housing starts and GDP? Housing starts are a lagging indicator which comes out after the release of GDP and can be a strong predictor of the GDP number. Housing starts are a leading indicator which comes out before the release of GDP and can be a strong predictor of the GDP number. Housing starts are a leading indicator which comes out before the release of GDP and has no predictive power of the GDP number.

Which of the following most accurately describes the relationship between housing starts and GDP? Housing starts are a lagging indicator which comes out after the release of GDP and can be a strong predictor of the GDP number. Housing starts are a leading indicator which comes out before the release of GDP and can be a strong predictor of the GDP number. Housing starts are a leading indicator which comes out before the release of GDP and has no predictive power of the GDP number