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Reply #25: maybe they are counting all those FEMA pre-fab dwellings [View All]

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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-05 08:00 AM
Response to Reply #21
25. maybe they are counting all those FEMA pre-fab dwellings
in this report??

Here's what Reuters says:

The Commerce Department said housing starts increased to a 2.108 million unit annual rate in September, as construction on both single-family and multifamily units rose. That outpaced August's upwardly revised 2.038 million unit rate, which was originally reported at 2.009 million units.

Economists had expected starts to slow to a 1.970 million unit annual pace, saying activity likely fell after the storms disrupted construction in the Gulf Coast region.

http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2005-10-19T125046Z_01_N19415074_RTRIDST_0_ECONOMY-WRAPUP-1.XML
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