ST Alpha - "Kind of overshadowed by the employment numbers. " (Reading a Post)

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Kind of overshadowed by the employment numbers.

Posted by Dr.Vermin (aka Dr.Vermin) Jul 23 '09, 15:08

Slightly more houses being built or bought isn't big news until it starts creating jobs.

Responses:

[deleted] 11
- And when it does, then it'll be news. ;) - Dr.Vermin Jul 23, 15:11 10
  - [deleted] 9
    - An economic rebound will depend largely on whether consumers will be willing/able to resume taking on debt to buy big ticket items. - con_carne Jul 23, 15:19 4
      - [deleted] 2
        
        Stopping the downturn is good, but we will want growth to come somehow. Remember that one critical form of growth will be the stimulus. - con_carne Jul 23, 15:33
        
        I no silly, you sill :) -- nm - con_carne Jul 23, 15:26
      - uh, as far as I know, that's exactly what the "new housing starts" metric measures -- nm - Beryllium Jul 23, 15:21
    - The talk of the so called "green shoots" has been fairly prevalent in the media. - Loyola Jul 23, 15:17
    - FWIW, it's been reported on NPR a little, but with a lot of qualifiers suggesting that it may or may not mean anything. (nm) - musubi Jul 23, 15:16 2
      - [deleted]
      - Yes, on Marketplace I heard that people are paying down debt, and if they continue to do so instead of buying cars and stuff, the recovery will take l - con_carne Jul 23, 15:17

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