Skip to comments.May Home Construction Data Paint Gloomy Picture
Posted on 06/17/2014 6:50:19 PM PDT by LorianneEdited on 06/17/2014 6:59:38 PM PDT by Admin Moderator. [history]
U.S. housing starts and building permits fell more than expected in May, suggesting the housing recovery will likely remain slow for a while.
Groundbreaking for homes fell 6.5 percent to a seasonally adjusted annual pace of 1 million units, the Commerce Department said on Tuesday.
(Excerpt) Read more at foxbusiness.com ...
Things are still booming in TX. New houses/subdivisions, everywhere.....as far as the eye can see.
“Unexpected.” Probably caused by those two tornados that hit Nebraska yesterday.
Housing starts down, new car sales down. The economy is booming. At least that’s the party line for the economists
Things are still booming in TX.”
I need to replace my driveway but the contractor says best not start until he can find someone who has time to deliver concrete. Been waiting several weeks now. Everybody is tied up with new construction. Katy is now the new energy corridor and by the time fall rolls around it’s going to be real crowded out there.
Yep! When commercial construction is booming, residential usually is, too.
Both are off the charts, in TX.
It’s good to be in TX....may God continue to bless the Lone Star state.
Due, no doubt, to April’s terrible weather, or something.
I was just going to say they didn’t check here! lol