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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (101844)3/24/2011 9:39:29 AM
From: locogringo3 Recommendations  Read Replies (1) of 224718
 
‘Worst report’ on housing renews fears of recession

Within the space of a week, the nation has witnessed worst performances on record of new home sales, home prices and building — evidence that the housing market has sunk into a double-dip recession that poses a significant drag on the overall economy. Never before has the U.S. economy staged a recovery while the housing market was in such a deep slump, although analysts are expecting it to defy the historical odds and maintain growth this year.

washingtontimes.com
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