In Case You Were Getting Your Hope Up

Here are 20 graphs from Calculated Risk to smack you back down out of the glowbama.

The economy is still on the way down, big-time.

You may ask: Why all the fuss and focus on the housing sector? Because, unless you're a business, a house is where all the "stuff" that makes up the industry of our nation ends up. If you don't have a house, you don't need appliances, large or small, like you do in an apartment. You don't need garden tools, you don't need about a zillion other things that people produce here (providing jobs) to sell here (providing more jobs). If you failed economics 101, this will not help you.

If you understand what's going on, you will only have to say, "yep."

Despite the reports of slightly less-negative indicators here & there by the mainstream press, I have a message for you: The hurt will continue. Stand by.