IPFS News Link • Housing
Housing Starts, Permits Collapse In September (Spoiler Alert: It Wasn't Just The Storms)
• http://www.zerohedge.com, by Mike KriegerWorse still Housing Starts were supposed to drop just 0.4% in September but crashed 4.7%.
These are 2 to 3 standard deviation misses of expectations... so don't simply blame the storms as analysts were well aware that they occurred when they made their forecasts...