[Marxism] Now I understand Why...
sartesian at earthlink.net
Fri Apr 17 18:58:01 MDT 2009
...Obama is optimistic:
NEW RESIDENTIAL CONSTRUCTION IN MARCH 2009
The U.S. Census Bureau and the Department of Housing and Urban Development
jointly announced the following new residential
construction statistics for March 2009:
Privately-owned housing units authorized by building permits in March were
at a seasonally adjusted annual rate of 513,000.
This is 9.0 percent (±4.1%) below the revised February rate of 564,000 and
is 45.0 percent (±4.1%) below the March 2008 estimate of 932,000.
Single-family authorizations in March were at a rate of 361,000; this is 7.4
percent (±3.5%) below the revised February figure of 390,000. Authorizations
of units in buildings with five units or more were at a rate of 132,000 in
Privately-owned housing starts in March were at a seasonally adjusted annual
rate of 510,000. This is 10.8 percent (±11.6%)* below the revised February
estimate of 572,000 and is 48.4 percent (±5.9%) below the March 2008 rate of
Single-family housing starts in March were at a rate of 358,000; this is
unchanged (±16.2%)* from the revised February figure of 358,000. The March
rate for units in buildings with five units or more was 116,000.
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