Signs of Hope for Housing? (BusinessWeek Online)

[riky]

Signs of Hope for Housing?
    (BusinessWeek Online)

 


BusinessWeek Online - This St. Patrick's Day, even the economic data reports were wearing green. In a welcome surprise, U.S. housing starts jumped 22% in February, according to a report released Mar. 17. The news helped boost various housing-related stocks, including builders Ryland  and KB Home , as well as retailer Home Depot . Another Mar. 17 release on wholesale inflation was also encouraging, as it showed inflation remains well under control  --  something to comfort Federal Reserve policymakers as they kicked off their two-day policy meeting.


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