We all know housing
is in for a wretched year, so why belabor the point? This commentary makes a
good case that our economy might benefit from a respite from all the
hyperventilating bad news out there.
The U.S. Census Bureau and the Department of Housing and Urban
Development jointly announced the following new residential construction statistics
for December 2008.
It’s very important
that all ASA members contact their Senators and Representatives now to let them
know you want them to protect America’s ability to deliver its valuable water
resources.
Ferguson continued to outperform the overall
market in the five months ended December 31, 2008, despite encountering
increasingly challenging new residential and RMI markets.