Housing starts continuing collapse. Oh No!

[Neubarth]

Housing starts continuing to collapse.

Housing Starts for Dec were 557,000

There were 580,000 in November.

The economy is still falling.

 

[Neubarth]

New housing starts (used to be two million a month)
dec 2009 557k
nov 2009 580k
oct 2009 527k
sep 2009 590k
aug 2009 598k
jul 2009 581k
jun 2009 587k

 

[Neubarth]

All those electricians, plumbers, carpenters, masons and roofers out of work. Oh well, maybe they have Unemployment Insurance? What a mess our economy is in.

 

[ihopehefails]

I fear the only thing Obama has done is prolong the inevitable. We should have let it fell apart. We might have been out of it by now.