Layoffs continue, but housing market sees positive sign
Wednesday, February 4, 2009
WASHINGTON -- The latest round of layoffs and cost-cutting measures came Tuesday on the heels of tens of thousands of layoffs ordered by a slew of companies last week alone. However, in a positive sign for the housing market, an index that tracks signed contracts to purchase existing homes rebounded in December as buyers snapped up properties at deep discounts.
Subscribe below or log in with your password here.
For more than 115 years, the Southeast Missourian has written the first draft of local history. We have aspired to enrich, entertain, educate and inform. Our core values have remained firm: truth, service, quality, integrity and community. Support our mission.
Join today
Note: Special discounts available to new subscribers only. Print subscriptions may include up to 13 Premium Issues per year, which include special magazines. For each Premium Issue, your account balance will be charged an additional fee in the billing period when the section publishes. This will result in shortening the length of your billing period.