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Home Starts and Sales

Wednesday, August 19, 2009, 9:26 AM
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On Tuesday (8/18/09), news came out that new home construction starts had "unexpectedly" fallen.

However, that number consists of two elements: single family houses and multi-family dwellings.

Taken together, as the number is always reported, home starts fell.

Given a few hours, Bloomberg managed to find the good news amongst the bad and altered its headline and article to read:

 

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