Neubarth
At the Ballpark July 30th
NEW HOME SALES
JAN 2010 309 K
DEC 2009 342 K
NOV 2009 370 K
OCT 2009 430 K
NEW HOME SALES BEFORE THE SHIT HIT THE FAN
JAN 2006 1207 K
DEC 2005 1298 K
NOV 2005 1233 K
To offset the error that there was a sudden building boom in 2005 - 2006 that has gone bust, I went back and got the numbers of new home sales for December of 2000. It was 1030K. With a lower population and less Green Card immigration, that number would coincide with the 1200K number of 2006. (i.e. there was not an outrageous building boom in houses, just an outrageous price increase.)
There are people out there (especially in Washington) who will tell you that we are in recovery. Tell that to all of the millions who used to work new home construction. For some reason they fail to see the recovery. Maybe we should order them some rose colored glasses so everything will look cheerful????
The lies of the present administration are so powerful that the Sheeple in our society think we are in some sort of recovery. When people are losing jobs left and right, we are not in recovery. We are still in a Depression era collapsing economy. Remember, in a service sector economy (70 percent of the American economy is service sector) rising unemployment as evidenced by UI claims as filed in the individual states are a leading indicator of further collapse in the economy.
JAN 2010 309 K
DEC 2009 342 K
NOV 2009 370 K
OCT 2009 430 K
NEW HOME SALES BEFORE THE SHIT HIT THE FAN
JAN 2006 1207 K
DEC 2005 1298 K
NOV 2005 1233 K
To offset the error that there was a sudden building boom in 2005 - 2006 that has gone bust, I went back and got the numbers of new home sales for December of 2000. It was 1030K. With a lower population and less Green Card immigration, that number would coincide with the 1200K number of 2006. (i.e. there was not an outrageous building boom in houses, just an outrageous price increase.)
There are people out there (especially in Washington) who will tell you that we are in recovery. Tell that to all of the millions who used to work new home construction. For some reason they fail to see the recovery. Maybe we should order them some rose colored glasses so everything will look cheerful????
The lies of the present administration are so powerful that the Sheeple in our society think we are in some sort of recovery. When people are losing jobs left and right, we are not in recovery. We are still in a Depression era collapsing economy. Remember, in a service sector economy (70 percent of the American economy is service sector) rising unemployment as evidenced by UI claims as filed in the individual states are a leading indicator of further collapse in the economy.
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