February’s new housing construction and existing home sales
There were just two widely watched housing reports released last week: the February report on New Residential Construction , from the Census bureau, and the Existing Home Sales Report for February from the National Association of Realtors (NAR)….the week also saw the release of the Regional and State Employment and Unemployment Report for February from the Bureau of Labor Statistics, a report which breaks down the two employment surveys from the monthly national jobs report by state and region (Note: you might recall that January’s state and regional report was released last week; it had been delayed in order to compile the annual revisions, and this February report puts the report back on its normal release schedule)….while the text of this report provides a useful summary of the state and regional data, the serious statistical aggregation can be found in the tables linked at the end of the report , where one can find the civilian labor force data and the change in payrolls by indu...