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Politics : A Real American President: Donald Trump

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To: Mrjns who wrote (157958)9/19/2019 3:23:37 PM
From: FJB3 Recommendations

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Best “Recession” Ever – U.S. Housing Starts Eclipse 12-year High…
Posted on September 18, 2019by sundance
Housing starts (and permits) have been a long-term key performance indicator for the economic stability and strength of Main Street USA for generations. Across all key metrics, the economics of middle-class America is defined by confidence in housing. A strong housing market reflects worker/purchaser confidence in their economic position.



The U.S. Commerce Department reports today that U.S. housing starts and permits has reached a 12-year-high. [ data here] This is a key point because it cuts to the heart of the difference between a thriving Main Street economy and the disconnect surrounding issues with Wall Street (multinational) financial markets.

WASHINGTON (Reuters) – U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market.

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