Production, Housing Starts Probably Rose being of the cl~s who U.S. Shifts to Slower Growth
via Production, Housing Starts Probably Rose because U.S. Shifts to Slower Growth – Bloomberg.
- Construction for new homes boost up – Brighter outlook is still a far cry
- Bill Gross gets it
- Housing Start Recovery Pushed Back to 2012; Tepid Growth in 2011
The economy is still in a situation where it will take years to become strong. However, good news for the housing market is that the construction of new homes picked up a little bit of pace in the month of July. But the future is not very bright. The month of July registered a growth
Bill Gross, the trading boss of PIMCO, the earth’s largest bond manager, sometimes brings clarity to the table. He did so again with his comments in successi~ Bloomberg that spending government money to stimulate consumption spending in the part of demographic declines is utterly a waste. He also remarked that capitalism depends put ~ economic growth, and economic growth
- Employment numbers seem to be improving, but tight lending standards and large home inventories are sending a clear signal to homebuilders to restrain building activity in 2011. According to a recent report by the Portland Cement Association (PCA), the U.S. will record 492,000 housing starts in 2011, a modest 3.4 percent gain compared to 2010