HOME ZACKS RESEARCH FUNDS PORTFOLIO BROKER RESEARCH MARKETS SCREENING EDUCATION SERVICES
Learn more
Self Investors Wanted Today

Few spots available. Master Zacks' market-tripling Stock Picking Method in your home at our cost.
Opportunity ends Saturday, Nov. 21 >>

Quote:
Login Free Membership
Search:

 
Economic Highlights  

May 19: Housing Starts Fall to an all-time low

May 19, 2009 | Comments: 0
Recommended this article (1)
Print    Share


Housing Starts in April fell to an annual pace of 458,000, a new all time low, with the record previously held by January’s pace of 477,000, which is much less than expected (524,000 estimated).  Over the month, the figure fell by 12.8% from March’s revised pace of 525,000, and over the year the figure has tanked by 54.2% from the April 2008 pace of 1,001,000.  Housing Starts fell by 30.6% in the Northeast, down 21.4% in the Midwest, down 21.1% in the South, and up 42.5% in the West.  Building Permits also fell in April by 3.3% to 494,000 from the 511,000 revised pace in March.  Over the year, Building Permits fell by 50.2% from the 991,000 pace in April 2008. 

Upcoming Releases
FOMC Minutes (05/20 at 2:00 PM EST)
Initial Claims (05/21 at 8:30 AM EST)
Leading Indicators (05/21 at 10:00 AM EST)


Email

Print

Share

RSS

Rate Pos

Rate Neg

Comment
Read/Post Comments (0) | Recommended this article (1)
 Posting Comment...
There was a problem posting this this comment. Please try back later.
[CLICK TO CLOSE X]
Comments (Limit 1000 Characters - Used: 0)
Display Name: Email Address:  
 Loading Comments...
Be the first to comment on this article!

More Zacks Resources

Market Summary Nov 21, 2009 18:41 pm ET
DJIA 10318.16  -14.28 -0.14%
NASD 2146.04  -10.78 -0.50%
S&P 500 1091.38  -3.52 -0.32%
Sponsored Links