Biz Media: Lying, Ignorant, or Just Plain Stupid?
Read the headlines on "new home sales increase" and then refer to the real press release, and you'll have your answer.
NEW RESIDENTIAL SALES IN SEPTEMBER 2008
Sales of new one-family houses in September 2008 were at a seasonally adjusted annual rate of 464,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 2.7 percent (±12.1%)* above the revised August rate of 452,000, but is 33.1 percent (±8.9%) below the September 2007 estimate of 694,000.
Martin Crutsinger, pull your head out, review your basics, and read the freakin' footnotes, for crying out loud!