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“U.S. builders slowed their pace of housing construction slightly in July. But in a hopeful sign for future construction, applications for building permits rose to their highest level since August 2008.” (Christian Science Monitor)
Why is everyone fixated on housing construction?
FEE Timely Classic
“Blowing Bubbles: Getting Ready for the Next Bust” by Richard W. Fulmer
Brought to you by The Freeman Magazine a publication from the Foundation for Economic Education. Love economics? Like FEE on or follow us on Twitter!
2012-08-17 08:52:13
Source: http://www.thefreemanonline.org/in-brief/house-construction-slows-but-optimism-grows/