PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

Paint and Coatings Industry News

Main News Page


Economic Pulse:
New-Home Sales Decline in January

Monday, March 1, 2010

Comment | More

U.S. sales of new homes in January fell 11.2% from December to a seasonally adjusted annual rate of 309,000, the Commerce Department reported. The January rate was also 6.1% below the rate of sales for January 2009.

The decline in new-homes sales came as a surprise to economists, who had expected an increase. Wintry weather in parts of the country took some of the blame for the poor sales showing, although sales have declined for three straight months and the housing market has struggled to rebound from the major downturn of the last two years.

Regionally, new-home sales in January declined 35.1% in the Northeast, 9.5% in the South, and 11.9% in the West compared to December.  Sales edged up 2.1% in the Midwest.

Compared to January of 2009, sales last month dropped 20% in the Northeast, 7.5% in the Midwest, and 10.5% in the South, while managing a gain of 13.8% in the West.

   

Tagged categories: Economy; Housing; Housing starts

Comment Join the Conversation:

Sign in to our community to add your comments.

Montipower, Inc.
The MBX Bristle Blaster

Get a 2.7 to 3.3 mil profile and a Near White Metal Clean. For info visit www.mbxit.com or call 877 629-8777


Elcometer, Inc.
New Elcometer 456 Coating Thickness Gauge

Best In Class Just Got Better. Technologically Intelligent And Robust. Marvelous Design And Durability. An Earth-Shattering Revolution In Coating Inspection.


HoldTight Solutions Inc.
NO FLASH RUST -
NO CONTAMINANTS

Our HoldTight®102 salt remover & flash rush inhibitor prevents flash rust by removing surface contaminants.
Contact us for your nearest distributor. (800) 319.8802 sales@holdtight.com


US Minerals
US Minerals -
Black Magnum

With nationwide production and distribution capabilities, U.S. Minerals supplies a complete range of coal slag and other abrasives to meet all of your blasting needs.


Termarust Technologies
Termarust (HR CSA) Chemically Stops
Active Corrosion

Truss bridge treated with Termarust's (HR CSA) in 1995. This highway & rail truss bridge is still stable and there still is no active corrosion.


Polyval Coatings
Polyflex® Polyurea Linings

Polyflex ™ new Polyurea Geotextile Membrane System has been specifically engineered to protect the environment in containment applications.
www.polyflexlinings.com


Absolute Equipment/Grand Rental Station
Portable Power from Absolute Equipment

•Compressors
•Lighting Systems
•Generators
•Light Compaction
Sales • Rental • Service
Call 1-866-931-6655
Over a century of
providing excellence.


LS Industries
LS Blasters: Optimum Steel Cleaning Efficiency

Simplify surface prep with the precise shot control of LS Blasters. Our blast technology delivers optimum coverage and finish. 800-533-8008


CHLOR*RID International Inc.
Free Webinar

Learn about soluble salts, along with a discussion on allowable levels.
More information at
www.chlor-rid.com,

800-422-3217

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com