The Bush Boom Guide to the Galaxy
From Holden: Housing starts plunge while producer prices rise? This is not a good day to search for My Bush Boom. U.S. housing starts posted their steepest drop in more than 14 years in March, suggesting some cooling in the long-hot housing market, while producer prices rose steeply on surging energy costs. Housing starts plunged 17.6 percent in March, their biggest drop since January 1991, to a 1.837 million unit rate from an upwardly revised 2.229 million unit pace in February, the Commerce Department said on Tuesday. Separately, the Labor Department said its Producer Price Index, a gauge of prices … Continue reading The Bush Boom Guide to the Galaxy
