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17 Nov 2010 09:49

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Biz: To start off your day right, here’s some crappy economic news

  • +0.2% the increase in the Consumer Price Index in October – an increase, but a much more mediocre one than economists expected
  • -11.7% the drop in new housing starts in October; the Treasury’s $600 billion shot in the arm doesn’t look so bad now, does it? source
Posted by Ernie Smith • 0 Comments • Permalink

21 Sep 2010 10:09

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Biz: Housing starts get boost in August after some crappy months

  • 10.5% boost in housing starts in August source
  • » Why this is really good: Because housing starts just went through a couple of very crappy months. In the aftermath of the end of the homebuyer tax credit, housing starts plunged in May and June at record rates. While early, this suggests that housing is starting to recover on its own. That said, both single-family and multifamily housing starts are near 50-year lows.
Posted by Ernie Smith • 0 Comments • Permalink

20 Jul 2010 11:02

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Biz: Crappy housing numbers remain pretty crappy, guys

  • 5% decline in housing starts in June, an 8-month low source
  • » Silver lining: On the plus side, there was a very modest 2.1 percent increase in new permits, an early indicator of how the housing market is going. After the rough month or two the housing market has faced, at least that’s something.
Posted by Ernie Smith • 0 Comments • Permalink

18 May 2010 10:39

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Biz: Bounceback: New homes getting built at decent clip, but will it last?

  • 5.8% the month-to-month increase; housing starts are at their highest level since late 2008
  • 40.9% the year-over-year increase; that’s the highest increase since March 1994
  • -11.5% the decrease in new building permits, which suggests housing starts will go down source
Posted by Ernie Smith • 0 Comments • Permalink

16 Mar 2010 10:58

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Biz: Blame the snow: New home-building way the frack down

  • 5.9% dip in new housing starts (stupid snow) source
Posted by Ernie Smith • 0 Comments • Permalink

17 Sep 2009 10:58

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Biz, U.S.: The economy’s slowly improving on the housing, jobs fronts

  • 1.5% increase in new housing starts in August, the highest level in nine months source
Posted by Ernie Smith • 0 Comments • Permalink

18 Aug 2009 10:06

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Biz: Home building numbers dip in July, but not without silver lining

  • -1% the decline in housing starts in July, which was much lower than expected source
Posted by Ernie Smith • 0 Comments • Permalink
 

16 Jun 2009 10:31

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Biz: Lots of new houses were being built in May. A FREAKING TON.

  • +17.2% increase in housing starts in May; that’s a massive leap source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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