U.S. Housing Starts Up 15% in September

[blacken700]

Source: AP/New York Times

U.S. Housing Starts Up 15% in September
By THE ASSOCIATED PRESS
Published: October 17, 2012 at 8:49 AM ET

WASHINGTON (AP) — U.S. builders started construction on single-family homes and apartments in September at the fastest rate since July 2008, a further indication that the housing recovery is strengthening.
 
The Commerce Department said Wednesday that builders broke ground on homes at a seasonally adjusted annual rate of 872,000 in September. That's an increase of 15 percent from the August level.
 
Applications for building permits, a good sign of future construction, jumped nearly 12 percent to an annual rate of 894,000, also the highest since July 2008.
 
The strength in September came from both single-family construction, which rose 11 percent, and apartments, which increased 25.1 percent.
 
Construction activity is now 82.5 percent higher than the recession low hit in April 2009. Activity is still well below the roughly 1.5 million rate that is consistent with healthier markets.
 
Still, the surge in construction suggests builders believe the housing rebound is durable.
 
more...

Read more: http://www.nytimes.com/aponline/2012/10/17/business/economy/ap-us-housing-starts.html?ref=business

[whork]

Things is starting to turn around.

Time for another republican president to fuck the country in the ass

[dario73]

Turning around?

HEHEHEHEH!!

There is no turning around until the recovery is constant and meeting the definition of a healthy market.

As per the article by the op:

Activity is still well below the roughly 1.5 million rate that is consistent with healthier markets.
 

[240 is Back]

If housing was down 15% in September, it would be one of Romney's top talking points - a clear example things are getting worse.

So, to be fair, it works both ways.  Dems can claim it as a win.

The bottom line is that there has been "some" recovery under Obama.  Losing 600k jobs a month, now making moderate gains in jobs for 3 straight years, etc.

Could repubs give us a better recovery?  it's very possible.   But anyone who says "There have been NO NEW JOBS under obama" or "There is NO RECOVERY" is just being partisan.

[whork]

Turning around?

HEHEHEHEH!!

There is no turning around until the recovery is constant and meeting the definition of a healthy market.

As per the article by the op:

Activity is still well below the roughly 1.5 million rate that is consistent with healthier markets.
 

And ? Its going the right way you cant deny that.

[whork]

If housing was down 15% in September, it would be one of Romney's top talking points - a clear example things are getting worse.

So, to be fair, it works both ways.  Dems can claim it as a win.

The bottom line is that there has been "some" recovery under Obama.  Losing 600k jobs a month, now making moderate gains in jobs for 3 straight years, etc.

Could repubs give us a better recovery?  it's very possible.   But anyone who says "There have been NO NEW JOBS under obama" or "There is NO RECOVERY" is just being partisan.

How would the repub give us a better recovery
They already crippled a healthy economy how the fuck are they going to fix one? Stop kneepadding the retarded neocons just because they scream the loudest you are better than that