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.
Disclaimer: Articles featured on Oregon Report are the creation, responsibility and opinion of the authoring individual or organization which is featured at the top of every article.