NEW HOUSING STARTS BEFORE THE SHeeT HIT THE FAN.

Discussion in 'Economy' started by Neubarth, Jul 22, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    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
     
  2. Neubarth
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    Neubarth At the Ballpark July 30th

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    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.
     

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