home builders: New Home Sales : How The Newspaper Headlines Mislead You
- 06/02/08 01:36 PM
Newspaper headlines rarely tell the full story and today's papers provide a terrific example. From the Baltimore Sun (and others): New-home sales lowest since 1991 8.5% March decline exceeds forecasts; prices also tumble As always, there's more to the story than the headline. The Census Bureau reported a 8.5 percent decline in New Home Sales last month, but in the "fine print" of the report, the Census Bureau cites a margin of error of 16.1 percent. By including a margin of error, the Census Bureau is acknowledging that the "headline number" is not precise and that the actual change in New (0 comments)