Fewest homes built in 50 years

Mar 20th, 2009 by jon beebe in Thoughts

In case you haven’t noticed, the econ­omy is really slow­ing down. The BBC says that in Jan­u­ary of 2009 there were only 477,000 new homes built in the US, the fewest in 50 years! At least Feb­ru­ary was better.

In Jan­u­ary, the annual rate to fell to 477,000 homes, the fewest in 50 years…The Jan­u­ary rate was the low­est since the US Com­merce Depart­ment started keep­ing records in 1959.

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