Sentences with phrase «less homebuilding»

Not exact matches

Berkshire's more exposed to homebuilding and less exposed to technology than the overall economy, but the bottom line is that if unemployment stays high, spending stays low, both for the U.S. in general and Berkshire in particular.

Although certainly an improvement from the depressed levels of 2009, until 1) the labor market recovery gains any serious traction, 2) lending standards are less stringent and 3) the glut of distressed properties is worked off, gains in homebuilding activity will remain modest.