BSL 1.74% $20.51 bluescope steel limited

Builing permits data just released in the US:28.6% below the Feb...

  1. 702 Posts.
    Builing permits data just released in the US:

    28.6% below the Feb 2006 estimate for Feb 2007 and 2.5% below the revised Januay 2007 estimate.

    Shows housing demand still falling - same as the AUS data released yesterday.

    Add to that the AUD at $0.8034 this morning and xports to a falling housing market looking woeful.


    http://www.census.gov/indicator/www/newresconst.pdf
 
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