The worst news? An unexpectedly high 0.9 percent drop in “building
and garden material sales,” which would indicate weakness in the
so-called “housing recovery.”
Actually, it probably coincides with increasing new home sales in lieu of purchasing existing housing. Moving into a new house tends to need fewer trips to Lowes or Home Depot than moving into an older house.
6 comments
That looks like a poor choice of photos for this piece. That is not American money in that cash drawer.
Would be better if it was Monopoly money.
HEY! ——that ain’t ‘merican money!
? Blame Canada! ?
The worst news? An unexpectedly high 0.9 percent drop in “building
and garden material sales,” which would indicate weakness in the
so-called “housing recovery.”
Actually, it probably coincides with increasing new home sales in lieu of purchasing existing housing. Moving into a new house tends to need fewer trips to Lowes or Home Depot than moving into an older house.
Blame Obama.