Housing Starts Fell 10% In March
After surging unexpectedly in February, new home construction tumbled last month, according to government data released this morning. Housing starts fell 10.8 percent in March compared with the previous month, to an annualized rate of 510,000. They are down 48.4 percent from the same period in March 2008. Home construction for single-family homes was unchanged, [...]
Foreclosures Up 24 % In Q1
The number of American households threatened with losing their homes grew 24 percent in the first three months of this year and is poised to rise further as major lenders restart foreclosures after a temporary break, according to data released Thursday. The big unknown for the coming months, however, is President Barack Obama’s plan to [...]
Another Predictable Trade Alert: Charts Tell The Story
Suntech Power Holdings Co., Ltd. (STP) is a solar energy company that designs, develops, manufactures and markets a variety of photovoltaic cells and modules. It also provides PV system integration services in China. The Company’s products are used in a variety of residential, commercial, industrial and public utility applications in various markets. Suntech sells its [...]