Skip to comments.US housing starts sink in June [Summer of No Recovery]
Posted on 07/17/2014 7:15:46 AM PDT by SoFloFreeper
US home construction fell 9.3 per cent in June, a surprising sign of weakness for a sector that has struggled to maintain momentum over the past year.
Housing starts sank last month to a seasonally adjusted annual pace of 893,000, the weakest showing since September 2013, the Commerce Department said Thursday.
It was the second-straight monthly drop....
(Excerpt) Read more at m.theaustralian.com.au ...
Slowest pace in NINE MONTHS....
This can’t be correct. According to our president, errything is peachy keen.
Christ, it is sad that we have to rely on the foreign press to get the truth about our demise as a nation. The rest of the world, and especially our enemies, can see it, but the vast majority of Americans have no clue. The Democratic Party media complex has been successful, for the most part, in keeping most of our countrymen in the dark about our decline. I say for the most part because we have sites such as this and a few others that are fighting back but we are heavily outnumbered. How does it feel knowing we’ll be the generation of Americans that destroyed the greatest nation in the history of the world.
Don’t blame Jesus, it isn’t His fault.
Are we still doing recovery summers?
I remember that summer 2010 was declared to be recovery summer by Obama.
This should then be the fifth recovery summer, if we still are doing recovery summers.
Just yesterday yahoo financial said home builders were optimistic. What a difference a day makes.