New home sales hit record low in January

[Gary Farnsworth]

My brother is a contractor, and an InterNACHI member. It is rare that both residential and commercial business is way down. Usually it is one or the other. When residential is up, commerical is down, and vice-versa. Not this year.

[Matt Berman, CMI]

Same here in detroit area,not so good,work comes in spurts

[Peter C. Russell]

I talked to two of my suppliers today and both said business is dead. Delivery trucks are just sitting in the yard, stores are empty but they are quoting some jobs.

[Jeffery L. Haynes]

Not sure if it was Michael that said the the stock market is not a good indicator of the economy.......which I agree........however the construction industry is.

Those of us who are still in the construction industry will be the first to tell you that the economy is no where near turning around. One would have to go back to the Great Depression to get anywhere close nationwide. Yes, there are small pockets here and there that may show some small gains however overall, it will continue to get worse for several years............and yet Obama is more interested in spending another 1 - 2 trillion in health care of which will do nothing but hurt the economy......yep this is the type of hope and change we need.......NOT.

[Brian A. MacNeish]

Originally Posted by jhaynes

Not sure if it was Michael that said the the stock market is not a good indicator of the economy.......which I agree........however the construction industry is.

Those of us who are still in the construction industry will be the first to tell you that the economy is no where near turning around. One would have to go back to the Great Depression to get anywhere close nationwide. Yes, there are small pockets here and there that may show some small gains however overall, it will continue to get worse for several years............and yet Obama is more interested in spending another 1 - 2 trillion in health care of which will do nothing but hurt the economy......yep this is the type of hope and change we need.......NOT.

If someone is spending 1-2 trillion, it is eventually going into the economy.......unless you're spending your healthcare $$$$$$ outside the US. When no one is spending, you have a problem!!!

I've always wondered why people think that government spent $$$$$$ are lost and disappear into a black hole, never to be seen again!! The government must buy supplies, services and pay employees.......does all this money leave the US or circulate into local economies??? If the government is misspending the money or not being transparent about its spending, get involved.......you are the government......they're your elected representatives!!!

You may not get to spend all your earned $$$$$ (due to taxes) on the trinkets you desire, hopefully the gov is spending the $$$$ on the things you need like health care, policing, schools, roads, fire protection, environmental protection, etc.

In North America we live in 2 of the best countries in the world but continue to b_tch, whine and complain because we can't have it all, right now. Personal greed got us into a world wide state of financial uncertainty.....doesn't that tell you something????

[Chuck Forman, CPI]

I have always learned something whenever we have fallen on difficult times. Each time I learn, and adjust, I have prevailed. I won't go into the politics of it all, because I do not discuss politics with others unless face to face. Just a rule of mine. I am now having to adjust many of the ways that I have done things, especially my marketing strategies, but they are working. We will ride this out and make the best of it, learn from what has happened and adapt to make certain that they do not happen again. At least not in the same way, and we will be better prepared the next time something happens. Good luck to us all.

[Dale Young]

Inspections and home sells are real slow around here!

[Wayne B. Wilson]

Been busy here