Some Key Eco Charts – Housing Market In Recovery, Manufacturing in Contraction

February 26, 2013 11:51 am

It is a tale of two different stories. On one hand, the housing market continues to improve. This month there was obviously a rush to get locked in with a new home as mortgage rates are perceived as rising. That helped to move up this months sales by a whopping 15% over last.

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However, it should be noted that manufacturing, especially in regard to the the regions is not doing so well.

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Just in case you were wondering, here is the long-term chart of new home sales.newhomelong

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