Established 1999
     
8,000 companies from USA and India.  
   
Search over 34,500 News & Earnings Database    
 
U.S.Economy: 
Paulson's Remarks on Housing Market
Author: 123jump.com Staff
123jump.com
Last Update: 1:15 PM EDT October 16 2007

(Continued)

Email article | Print article

In addition to affecting individual homeowners, the housing correction is having a real impact on economy. Annual housing starts peaked at an annual rate of almost 2.3 million units in early 2006 before falling off more than 40% through August of this year. Employment in residential building, including specialty trade contractors, has dropped by almost 200,000 since early 2006, offsetting about one-quarter of the jobs gained in the housing boom.

 
  1  2  3  4  5

 
 
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries
Other Sites:
© 1999-2010 123jump.com. All rights reserved