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Home Builders’ Sentiment: “Confident? No. Discouraged? No.”

Written by Gary North on May 16, 2013

Anything below 50 is a recession indicator. The optimism index rose to 44 in May, up from 41 in April.

The last time it was above 50 was in April 2006.

It bottomed at 8 in January 2009.

“I’ve been down so long, it looks like up to me.”

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One thought on “Home Builders’ Sentiment: “Confident? No. Discouraged? No.””

  1. May 16, 2013 at 12:46
    J Pro says:

    This is my 2013 Bucket list [Short but to the point]

    HERE IS ALL I WANT:

    Obama: Gone!
    Borders: Closed!
    Congress: Obey its own laws
    Language: English only
    Culture: Constitution, and the Bill of Rights!
    Drug Free: Mandatory Drug Screening before Welfare!
    NO freebies to: Non-Citizens!
    We the people are coming!