Is the housing report good news?

Tuesday reported better than expected housing starts where as we come into a new year I wonder, is there good news for business via these housing numbers in 2012? Housing starts are up 24.3% from last year and almost 10% from the provious month October. Data such as this as well as positve consumer confidence numbers tells me that finally, finally, the fear mongering National news media can stop creating panic and business owners can now focus on developing their businesses relative to positve data as well as good hard work.

One of my companies will end the year up almost 30% this year over last year with significant RIG numbers to boot. At least four of my previous clients have also reported positve growth numbers for 2011 as well as plans to expand their production facilities in 2012. So the big question is, are the housing numbers finally enough to get you going and fix your business once and for all? I have always said that no matter what occurs in the macroeconomic environment, your business should be in the position to manage whatever might come.

Read this article from CNN Money.
NEW YORK (CNNMoney) — Home building spiked up in November to the strongest level in almost two years, as record-low mortgage rates and a surge in apartment and condo construction lifted activity.

Housing starts shot up to an annual rate of 685,000 in the month, up 9.3% from October and 24.3% higher than a year earlier. Building activity easily topped predictions of 627,000 starts economists surveyed by were expecting.


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