Deep in the doldrums

September 2011
Finweek;9/15/2011, p10
The article presents the economic trends in the U.S. housing market. It states that the recovery in the U.S. is always based on the construction and housing activity. It reports that the new home sales in the U.S. have been below the average level of 76 percent achieved in 2005. Several charts are presented to depict the effect of U.S. housing industry on the gross domestic product (GDP) of the U.S.


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