The government and MSM reported a surge in housing starts in December. That’s funny, since they actually declined when you look at the actual UNMANIPULATED numbers. Here is a link so you can see for yourself:
The actual number of housing starts in November was 66,500. The actual number in December was 64,200. The best part is that only 36,400 of these were actually single family homes, down 9% from November. With all the devastation from Sandy, shouldn’t there have been a boost in housing starts?
This chart tells the story. Look at last December. The adjusted and unadjusted numbers were identical. For the last four months the government manipulated numbers are far greater than the actual numbers. Don’t trust anything reported by the government or MSM. It’s nothing but lies and propaganda.
Housing starts jump in December
By Ruth Mantell, MarketWatch
WASHINGTON (MarketWatch) — Construction on new U.S. homes jumped in December to the highest rate in more than four years, with gains across the country, as well as in single-family homes and buildings, the U.S. Department of Commerce reported Thursday.
In the freshest data signaling a strengthening housing market, starts rose 12.1% in December to a seasonally adjusted annual rate of 954,000 — the highest level since June 2008.
On Thursday, the government revised November’s rate to 851,000