Housing Numbers Show Economy Is Stumbling

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Yesterday there was bad news about sales of existing homes across the United States. Today it's sales of new homes. The Commerce Department says they're at the lowest level since record-keeping began since 1963. Sudeep Reddy reports for the Wall Street Journal, where he also blogs at Real Time Economics.

Credits

Guest:
Sudeep Reddy - Wall Street Journal - @Reddy

Host:
Warren Olney

Producers:
Frances Anderton, Sonya Geis, Julia Flucht