Missing From AP’s Report on January Housing Starts and Permits: January 2011 Trailed January 2010
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On Wednesday, with a bit of an assist from the Census Bureau's seasonalizers, the Associated Press's Derek Kravitz, with the help of Martin Crutsinger, covered the Bureau's just-published January data on housing starts and building permits. Though no one could accuse the AP pair of excessive cheerleading, they missed the most important comparison: How did January 2011 compare to January 2010? The answer: It was worse. Here are key passages from their writeup : Apartments pushed home construction up in January