Comments on: Final 1Q07 GDP, at 0.7%, Is Barely Revised Up from May

By: dscott

dscott — Thu, 28 Jun 2007 19:46:38 +0000

Here you go Tom, these two articles http://calculatedrisk.blogspot.com/2007/06/housing-update-june-2007.html and http://calculatedrisk.blogspot.com/2006/12/housing-in-2007.html does an excellent job, and check the graphs. http://bp3.blogger.com/_pMscxxELHEg/Rks7xUEphxI/AAAAAAAAAgE/LnfVIsPGG7U/s1600-h/Starts+Completions+Recessions+0407.jpg

By: TBlumer

TBlumer — Thu, 28 Jun 2007 16:21:22 +0000

#1, great Qs. Don’t know. Will have to catch up on this later, though the ISM reports including the housing sector(s).

By: dscott

dscott — Thu, 28 Jun 2007 16:11:52 +0000

I am assume the Residential Fixed Investments includes the housing market? Ouch! 6 quarters of consecutive contraction. Hopefully it will be over soon, at what levels (corresponding year) does this put the housing market in terms of inventory and sales volume?