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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 (135492)6/19/2012 9:11:49 AM
From: tonto2 Recommendations  Read Replies (2) of 224724
 
Economic woes continue...

Housing Starts in U.S. Fall 4.8% in May on Apartments
By Lorraine Woellert - Jun 19, 2012 7:56 AM CT



Builders in the U.S. broke ground on fewer homes than forecast in May as a slump in the construction of apartments swamped a pickup in single-family houses.

Starts dropped 4.8 percent to a 708,000 annual pace from a revised 744,000 rate in the prior month that was the highest since October 2008, the Commerce Department reported today in Washington. The median forecast of 77 economists surveyed by Bloomberg News called for a 722,000 pace.
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