Futures mixed in week full of housing data

AP News
Posted: Dec 17, 2012 8:25 AM

NEW YORK (AP) — Stock futures are mixed on the first of a string of reports involving the housing sector.

Dow Jones industrial futures are up 10 points to 12,097. The broader S&P futures have added 1.8 points to 1,411. Nasdaq futures are down 5.25 points to 2,618.

While not directly tied to housing, a survey of top business economists released Monday by the National Association for Business Economics shows that most believe that modest growth will be ongoing in 2013, led by rising demand for housing.

Based on the survey, NABE sees economic growth of 2.1 percent after 2.2 percent growth in 2012.

NABE is scheduled to release its housing market index Tuesday.

The government this week, starting Wednesday, releases data on housing starts, followed by existing home sales on Thursday.