Economists predict rough year for housing starts

Verespej, Mike
January 2011
Tire Business;1/31/2011, Vol. 28 Issue 22, p17
Trade Publication
The article presents a business forecast for the housing industry of the U.S. as in the year 2011. It is stated that this year would not be good for companies that supply the building and construction industry. David Crowe, chief economist for the National Association of Home Builders (NAHB) has predicted only 3.4 percent increase in single-family home. It is believed that tight lending standards and unstable housing prices will affect the market.


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