2008-03-25typepad.com

As we noted yesterday, that was not what the data stated at all: "Changes from January to February are measuring seasonal differences, not actual improvements in house sales." Can you imagine what it would be like if we reported retail sales from December to January this way? Headlines would misleadingly state: "Retail sales plummet 65%!" ... I cannot recall a more blatant misreporting of fact, or a larger or more embarrassing error in a front page WSJ article, ever.



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