By Bill Conerly, Businomics, Conerly Consulting LLC
These guys who write newspaper headlines are getting me down. Here’s the Wall Street Journal’s online head: “Housing Starts Jumped in June.” Bloomberg proclaims: “Housing Starts in U.S. Unexpectedly Climb to Highest Level in Seven Months” The Christian Science Monitor says:”US home construction recovering. With that preparation, take a look at the latest data:
Wow! Isn’t that a real jump, a real recovery. Ho hum.
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