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RD Today => All the News => Super Blog => Topic started by: calm_girl on May 27, 2008, 10:41:54 PM

Title: Check Out Line: More housing woes
Post by: calm_girl on May 27, 2008, 10:41:54 PM
Check Out Line: More housing woes
      


Check out the plunging housing starts in December.
 
The bad news for home goods retailers got worse on Thursday as the Commerce Department announced a sharper-than-expected 14.2-
percent decline in U.S. housing starts, pushing  them to their lowest level in more than 16 years.
 
“Builders are in trouble. They have a lot of inventory. They decided to cut [...]
         

http://feeds.feedburner.com/~r/reuters/blogs/shop-talk/~3/218317129/