The strength in housing construction in April came entirely from a huge increase in apartment construction, which can be extremely volatile from month to month.
The strength in housing construction in April came entirely from a huge increase in apartment construction, which can be extremely volatile from month to month.
the last seasonal adjustment out of the US government turned a gas price increase into a seasonally adjusted gas price drop - I kid you not. So, I think the reasonable man will await confirmation of the statistic averaged over a period of time before making a financial bet on which way things will go.