Free Markets, Free People

Economic Statistics for 19 Mar 12

The housing market index is the only statistic for the day. While the headline index is unchanged from last month’s 28, But the 6-month component is up to 36, more than double the reading of 17 back in September. On the other hand, any reading below 50 indicates recessionary conditions for the housing sector.  The trend is positive though, so there’s that.

Dale Franks
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