Analysis
Two series, one timeline
Overlay any two indicators over the window where both exist. Jan 1978 to Apr 2026.
First series
Second series
Y-axis
Consumer Sentiment(Index 1966:Q1=100) Housing Starts(Thousands of units (SAAR))
Left axis: Consumer Sentiment · UMCSENT. Right axis: Housing Starts
· HOUST. Both from FRED, latest-revised, read from cache.
Correlation is not causation. Two lines moving together is not one moving the other. A shared trend often traces back to a third force, or to chance. This tool overlays the data. It does not explain it.