2/28/07

Is it time to worry Mr. Bernanke?



Sales of new one-family houses in January 2007 were at a seasonally adjusted annual rate of 937,000. This is 16.6% below the revised December 2006 figure of 1,123,000.


The decline in home sales is worrisome. At recession levels.


More on http://www.peterdag.com/


George Dagnino, PhD
aka Peter Dag
Editor, The Peter Dag Portfolio
Since 1977

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