These guys who write newspaper headlines are getting me down. Here's the Wall Street Journal's online head: "Housing Starts Jumped in June."
Bloomberg proclaims: "Housing Starts in U.S. Unexpectedly Climb to Highest Level in Seven Months"
The Christian Science Monitor says:"US home construction recovering."
With that preparation, take a look at the latest data:
Wow! Isn't that a real jump, a real recovery. Ho hum.