The Pause That Depresses

The following chart shows the average of new private housing units authorized by building permits and new privately owned housing units started.


Click to enlarge.

If cold weather is responsible for the exponential trend failure then, as seen in the chart, it sure has been cold over the past year.

Source Data:
St. Louis Fed: Custom Chart

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Posted by: Tukiyooo The Pause That Depresses Updated at : 7:18 PM

Wednesday, February 19, 2014