You are not signed in. (Sign In)

The housing downturn is a hot, sexy story. So when the second quarter GDP numbers came out Friday, the immediate line was how the decline in housing was pulling GDP down with it. No commentary about how the rest of the economy is underperforming, how consumer spending is weakening, exports are lagging, the automobile industry is in the tank"?and how employment putters along. The story is not that"?real estate"?is getting weaker, it's that in all the time the real estate sector has propped up the economy, no other sector has come forward to help. The rest of the story is that the economy will grow even more slowly the rest of this year.

Print this

Delicious Digg Reddit Magnoliacom Newsvine Furl Facebook Google Yahoo Technorati Icerocket

Yes, I am. My website has my schedule.
John are you speaking at the RIS convention this week in New York? If not where are you speaking next?

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <h1> <h2> <h3> <h4> <h5> <h6> <em> <strong> <code> <del> <blockquote> <q> <sub> <p> <br> <ul> <ol> <li> <dl> <dt> <dd> <a> <b> <u> <i> <sup> <img> <object> <param> <embed>

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.