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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (12292)9/27/2004 11:52:05 AM
From: TH  Read Replies (3) | Respond to of 116555
 
Mish or anyone,

Please provide some insight into this number. I was not expecting such a high number. Then again, I see its seasonally adjusted and I wonder about the validity. Any method change to arrive at this number?

Recently we have seen a decline in new housing starts. If sales were really this strong, then builders would keep priming the pump.

Thx

TH