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Homebuilder confidence index in U.S. held at 16

Posted on 16 December 2010

From Bloomberg: Confidence among U.S. homebuilders was unchanged in December from a month earlier, indicating residential construction will stay near depressed levels.
The National Association of Home Builders/Wells Fargo index of builder confidence held at 16, matching the median forecast of economists surveyed by Bloomberg News, data from the Washington-based group showed today. Readings below 50 mean more respondents said conditions were poor………………………………………Full Article: Source

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