Scanning the latest electrocardiogram readings on the heart of the U.S. economy, Commerce Department Economist Irving Rottenberg quipped: "The optimists are beginning to firm, and the pessimists are beginning to squirm." Items:
> Urban housing starts recovered from a deep slide in September to score a 17% rise in October, when they ran at an annual rate of 1,460,000 (see below).
>Personal income registered its biggest increase since April, climbed $2.1 billion in October to a record annual rate of $445.6 billion.
> New orders for durable goods followed their 1% rise in September...