Feb 26, 2013

Improving Economy

New Home Sales and Consumer Confidence Jump
"New home sales surged 15.6% in January to a 437,000 unit annualized rate; December sales were revised up. This is the strongest pace since 2008, a recession year, but it marks a step in the right direction; home builders have been struggling with depression levels of activity since the onset of the financial crisis."
Read the full article on the Economic Minds blog.