National Housing starts Blow out concensus- numbers up 872k , Highest in 4 years

Another sign of the Housing turnaround?

Yet another mysterious pre -election concensus beat.  The highest estimate from all the economists was a 800k jump for last month.  With a concensus in the 770k range- this beat is almost as crazy and unbelievable as the recent unemployment jobs number of 7.8%.   If it looks fishy, smells fishy- then something is fishy.  Why is there not a corresponding jump in construction employees?

thanks to zerohedge.com for enlightning the truth

http://www.zerohedge.com/news/2012-10-17/housing-starts-surge-15-higher-872000-highest-july-2008

Number , numbers , numbers, sheep, sheep, sheeple.

Can we believe anything these days??

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