- Prior reading was 369K (revised to 382K)
- An 8.4% drop compared to the 0.7% rise expected.
I cringe every time I hear someone say housing will lead the recovery. The Commerce Dept didn’t cite any special factors. The Northeast was particularly weak.
I cringe every time I hear someone say housing will lead the recovery. The Commerce Dept didn’t cite any special factors. The Northeast was particularly weak.