U.S. Housing package warns recovery shaky
10.12.2009
Reuters sent correspondents to some of the areas worst hit by the U.S. housing crisis . and produced a package of exclusive stories on the extent of damage that credit collapse has wrought upon families, communities, job opportunities and hence the overall economy. The package, which ran during the week of Oct 12, warned that despite some optimistic signs, a sustained recovery may be several years away, delaying a healthy rebound in growth. It proved prescient. In the days shortly after the package ran, official data suggested the incipient housing market recovery was running out of steam. The stories were heavily retrieved online and provide unique insight into the fundamental factor behind economic conditions in the United States. The package included a dozen stories, graphics and photos and can be viewed at:
