Tuesday, May 22, 2012


Home builders won’t lift the economy this time

Home construction and applications for building permits sank in May, overshadowing favorable reports on manufacturing and wholesale inflation. Homebuilders are sending a message: They won’t be able to contribute much to the economic recovery now that government home-buying incentives have vanished.




Tax creditConstructionReal estateHousing startsBusiness

Read the whole story here: Home builders won’t lift the economy this time

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