NEW HOUSING STARTS BEFORE THE SHeeT HIT THE FAN.

[Neubarth]

NEW HOUSING STARTS NOW --- Recovery? What Recovery?
Economic Calendar: Financial Calendars - Yahoo! Finance

JUN 2010 549 K
MAY 2010 578 K
APR 2010 672 K
MAR 2010 626 K
FEB 2010 616 K
JAN 2010 591 K
DEC 2009 575K

NEW HOUSING STARTS BEFORE THE SHeeT HIT THE FAN.
MAR 2007 1518K
FEB 2007 1525K

 

[Neubarth]

The house building industry has most of their workers in laid off status, or underemployed.

I have heard estimates of 75% unemployment for the carpenters, masons, plumbers and electricians. Meanwhile, the Department of Labor has decided that most of them have left the work force.