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housing construction

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February Freeze in Housing Starts Is a Bad Bellwether

By Money Morning Staff Reports, Money Morning - March 17, 2015

New housing starts fell dramatically in February as the cold, protracted winter froze new construction in the Midwest and Northeast.

The decline will not stop with February, as the residual effects of a hard winter and a long-in-the-tooth "recovery" rarely thaw as quickly as the snowbound regions.

Article Index

February Freeze in Housing Starts Is a Bad Bellwether

By Money Morning Staff Reports, Money Morning - March 17, 2015

New housing starts fell dramatically in February as the cold, protracted winter froze new construction in the Midwest and Northeast.

The decline will not stop with February, as the residual effects of a hard winter and a long-in-the-tooth "recovery" rarely thaw as quickly as the snowbound regions.