Forget The Snow, It’s The Drought That Is Crushing The US Economy
by Tyler Durden
ZeroHedge.com
04/19/2015
With all eyes and talking heads focused on the ‘weather’, it seems cold, wet, snowy, and frigid are the most GDP-destructive adjectives. However, as Bloomberg reports, the drought out West is starting to infiltrate U.S. housing data, according to the chief economist of a homebuilders’ group, and weakening a major part of the nation’s economy.
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