The Wall Street Journal-20080117-Today-s Agenda

Return to: The_Wall_Street_Journal-20080117

Today's Agenda

Full Text (105  words)

Decline in Housing Starts

Is Expected for December

Economists estimate that housing starts dropped to 1.13 million in December, pointing to more weakness in the housing sector and keeping recession worries alive. November's number of 1.19 million was the worst performance in more than 16 years.

Commerce Department, 8:30 a.m. EST.

Bernanke Testifies on Hill;

Sundance Festival Opens

Ben Bernanke testifies before the House Budget Committee. The Fed Chairman indicated yesterday he will support a stimulus package designed to give the U.S. economy a boost.

---

The Sundance Film Festival opens in Park City, Utah. More than 50,000 people are expected to attend this year.