{"id":198589,"date":"2007-10-28T14:08:00","date_gmt":"2007-10-28T19:08:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/10\/28\/september-new-home-sales-up-on-suspect-numbers\/"},"modified":"2007-10-28T14:08:00","modified_gmt":"2007-10-28T19:08:00","slug":"september-new-home-sales-up-on-suspect-numbers","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/10\/28\/september-new-home-sales-up-on-suspect-numbers\/","title":{"rendered":"September New Home Sales Up on Suspect Numbers"},"content":{"rendered":"<p>I remember when this was occurring routinely with the job reports.  For a while, it seemed as regular as a ticking clock, the previous numbers were revised down, and the current numbers were a big gain over the <span style=\"font-weight: bold;\">revised<\/span> numbers.  This slight of hand that only convinces the truly dense and economics reporters<sup>*<\/sup> served primarily to boost Bush&#8217;s numbers.<\/p>\n<p>Well, it appears to have happened again, this time with Housing. <a href=\"http:\/\/www.marketwatch.com\/News\/Story\/Story.aspx?guid=%7BE81C81DA-0444-4D83-B34E-2AEB0D62C920%7D&amp;siteid=mktw\">New home sales are reported to have 4.8% to a seasonally adjusted annual rate of 770,000 from a revised 735,000 (it was originally 795000) in August<\/a>.  Very convenient how all those revisions work.<\/p>\n<p>So, we were down by 25,000 from the first reported number, but it&#8217;s an increase because the number was corrected downward.<\/p>\n<p>Anyone want to guess if this happens <span style=\"font-weight: bold;\">next<\/span> month?<\/p>\n<p><span style=\"font-size:85%;\"><sup>*<\/sup>But I&#8217;m repeating myself.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I remember when this was occurring routinely with the job reports. For a while, it seemed as regular as a ticking clock, the previous numbers were revised down, and the current numbers were a big gain over the revised numbers. This slight of hand that only convinces the truly dense and economics reporters* served primarily &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,973,1031],"tags":[],"class_list":["post-198589","post","type-post","status-publish","format-standard","hentry","category-bubble","category-economy","category-house-of-saud"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198589"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=198589"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198589\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=198589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=198589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=198589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}