New Housing Starts. Are they UP 8.9 Percent?

Discussion in 'Economy' started by Neubarth, Dec 16, 2009.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    NEW HOUSING STARTS. Are they really up 8.9 Percent?

    NOV 2009 574K
    OCT 2009 529K
    SEP 2009 590K
    AUG 2009 598K
    JUL 2009 581K
    JUN 2009 587K

    (THEY USED TO BE TWO MILLION A MONTH) Economic Calendar: Financial Calendars - Yahoo! Finance

    AS I KEEP ON POINTING OUT, there is no improvement in the numbers, only spin out of Washington. Everybody and his idiot brother will believe the Washington propaganda about a TREMENDOUS IMPROVEMENT in housing starts because they are up almost 9 percent. Nobody bothers to look at the reality and nobody seems to be aware that this is the most corrupt administration in American history when it comes to deceiving the public. Have they resurrected Josef Goebbles?

    Fish flopping on the deck and they are dying regardless of high high they flop.

    Here is the propaganda news release:

    Housing starts surge in November; consumer prices tame
    Washington

    WASHINGTON — Construction of new homes, helped by better weather, rebounded in the U.S. in November following a setback in the previous month.

    The Commerce Department said construction of new homes and apartments rose 8.9% in November to a seasonally adjusted annual rate of 574,000 units. The gain represented strength in all areas of the country although the increase was slightly lower than economists had expected.

    Applications for new building permits were also up, rising 6% to an annual rate of 584,000 units, a stronger showing than economists predicted.
     
  2. uscitizen
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    uscitizen Senior Member

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    Perception is where America is at. Reality is just a Kool Aid drinking conspiracy theory.
     
  3. Mr. H.
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    Mr. H. Diamond Member

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