New homes data vs. the employee pool

this is the analysis I do where I look at the new homes built in the year, look at the number of people in the employment pool and ratio them for two reasons:

1. The people in the pool are the customers for new homes.
2. The new homes provide jobs for the people in the pool.

This data is from the report for December in both labor and housing - you tell me, HOW did this disaster turn around in one month? THERE IS NO HOUSING RECOVERY, only and abyss!

Year.. Ratio..Total (1,000)..Emp (1,000)
1963 …. 0.780 …. 560 …. 71,833
1964 …. 0.773 …. 565 …. 73,091
1965 …. 0.772 …. 575 …. 74,455
1966 …. 0.608 …. 461 …. 75,770
1967 …. 0.631 …. 488 …. 77,347
1968 …. 0.622 …. 490 …. 78,737
1969 …. 0.556 …. 449 …. 80,734
1970 …. 0.587 …. 486 …. 82,771
1971 …. 0.779 …. 657 …. 84,382
1972 …. 0.822 …. 715 …. 87,034
1973 …. 0.708 …. 633 …. 89,429
1974 …. 0.564 …. 519 …. 91,949
1975 …. 0.587 …. 550 …. 93,774
1976 …. 0.673 …. 647 …. 96,158
1977 …. 0.828 …. 820 …. 99,008
1978 …. 0.800 …. 818 …. 102,250
1979 …. 0.675 …. 709 …. 104,962
1980 …. 0.510 …. 545 …. 106,940
1981 …. 0.401 …. 436 …. 108,670
1982 …. 0.375 …. 413 …. 110,204
1983 …. 0.558 …. 622 …. 111,550
1984 …. 0.563 …. 639 …. 113,544
1985 …. 0.596 …. 688 …. 115,461
1986 …. 0.635 …. 748 …. 117,834
1987 …. 0.561 …. 672 …. 119,865
1988 …. 0.555 …. 675 …. 121,669
1989 …. 0.525 …. 650 …. 123,869
1990 …. 0.425 …. 535 …. 125,840
1991 …. 0.401 …. 507 …. 126,346
1992 …. 0.475 …. 608 …. 128,105
1993 …. 0.515 …. 666 …. 129,200
1994 …. 0.511 …. 670 …. 131,056
1995 …. 0.503 …. 665 …. 132,304
1996 …. 0.566 …. 758 …. 133,943
1997 …. 0.591 …. 805 …. 136,297
1998 …. 0.643 …. 885 …. 137,673
1999 …. 0.632 …. 881 …. 139,368
2000 …. 0.615 …. 877 …. 142,583
2001 …. 0.632 …. 909 …. 143,734
2002 …. 0.671 …. 972 …. 144,863
2003 …. 0.743 …. 1,088 …. 146,510
2004 …. 0.816 …. 1,203 …. 147,401
2005 …. 0.859 …. 1,283 …. 149,320
2006 …. 0.695 …. 1,052 …. 151,428
2007 …. 0.507 …. 776 …. 153,124
2008 …. 0.314 …. 485 …. 154,287
2009 …. 0.223 …. 342 …. 153,059

Please note the last two years are BY FAR the worst two years in the history of the data! Also, the 9 years ending in ‘06 AVERAGED 0.701, indicating a LONG TERM overheated market! They should have seen this coming a mile away!

- irishscot2

Related Posts:

• Spooky economic data for the year of 2009
• COMPANIES BOOST PRODUCTIVITY AND PUT OFF HIRING
• Want to see a real disaster, take a look at the housing data from 1963 to date.
• I would expect a correction to the market this year, as all these economic numbers represent reality, not hope. In the end, reality ALWAYS wins out.
• Seven (7) reasons I believe a massive crash is coming and probably will begin this month;

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