Monday, July 19, 2010

"Homebuilders losing confidence in the recovery"

Reference the above "title", an article was posted 45 minutes ago on "Google hosted news", and the author of that article really had nothing but "bad news" to report. Evidently, the NAHB (National Association of Home Builders) today published its monthly reading of "builders' sentiment" and, my take on the index readings .... well, they are "off the charts" on the negative sentiment side.

The author states in the article, "Readings below 50 indicate negative sentiment about the market." Well, at some schools, if you score a 50, you flunk the course. Imagine scoring a 21, a 15 or, egads, a 10!

I don't mean to be the bearer of "bad news." But, there's not much "good news" to write about. When I find a glimmer of good news, I make it a point to talk about it on this blog-site.

If you're a reprographer, then it is always in your best interests, whether good news or bad news, to keep up to date about what's going on. If we are leading into a recovery, you have to make plans to grow with the recovery. Or, to the opposite, if the economy is headed down, you need to make necessary adjustments to the budget.

You can read the full article at this internet address:

It will take most less than 7 or 8 minutes to read the entire article. Get to it, do your homework!

No comments:

Post a Comment