by Calculated Risk on 6/12/2006 02:36:00 PM

Barry Ritholtz has an interesting post on housing's impact on the economy: Housing Leads the Economy Up AND Down



This graph is from Barry's post. It shows that consumer spending and the housing market move together. Barry's post includes several other graphs, including one that shows housing leads GDP growth (both up and down). This has been a familiar theme on this blog!