Tuesday, February 19, 2013

Home-builder confidence declines in February: NAHB

Well if the MSM can't spin this into a positive they'll just choose to ignore it.
A gauge of confidence among homebuilders declined in February, the first weakening since April, due, in part, to ongoing headwinds from economic uncertainty and strict lending standards, according to the National Association of Home Builders/Wells Fargo Housing Market Index released Tuesday.
The index ticked down to 46 in February from 47 in January. Analysts polled by MarketWatch had expected a February result of 48.

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