Meanwhile, U.S. Housing Starts Unexpectedly Drop 7 Percent in July

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Meanwhile, U.S. Housing Starts Unexpectedly Drop 7 Percent in July
Posted On: August 18, 2021
Yesterday we shared that U.S. consumer spending unexpectedly dropped 1.1% in July [Source], and today the commerce department is reporting that U.S. housing starts unexpectedly dropped 7% in July [Source].   Stop me when you notice a trend… The financial pundits continue to attribute these drops to supply chain issues, COVID impacts, material constraints and various […] The post Meanwhile, U.S. Housing Starts Unexpectedly Drop 7 Percent in July appeared first on The Last Refuge.

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Meanwhile, U.S. Housing Starts Unexpectedly Drop 7 Percent in July
Posted On: August 18, 2021
Yesterday we shared that U.S. consumer spending unexpectedly dropped 1.1% in July [Source], and today the commerce department is reporting that U.S. housing starts unexpectedly dropped 7% in July [Source].   Stop me when you notice a trend… The financial pundits continue to attribute these drops to supply chain issues, COVID impacts, material constraints and various […] The post Meanwhile, U.S. Housing Starts Unexpectedly Drop 7 Percent in July appeared first on The Last Refuge.

Re Posted From: Meanwhile, U.S. Housing Starts Unexpectedly Drop 7 Percent in July

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