Wednesday, January 27, 2010

They're asking the wrong people

"WASHINGTON – New home sales unexpectedly fell 7.6 percent last month, capping the industry's weakest year on record." - AP article, via Yahoo!

Every month, when the new housing and unemployment statistics are released, these types of articles always say that the numbers "unexpectedly" suck.

This is like a news article every day saying the sun "unexpectedly" rose this morning, despite widespread consensus among economists that it would not.

No comments: