1. Recovery

    Housing Construction Up 15 Percent

    BOCA RATON, FL - SEPTEMBER 26:  Construction workers, Louis Delgado (L) and Tony Rodriguez work on building a Toll Brothers Inc. home on September 26, 2012 in Boca Raton, Florida.  According to S&P/Case-Shiller home prices in the United States climbed more than forecast in July from a year earlier.  The S&P/Case-Shiller index of property values in 20 cities increased 1.2 percent from July 2011, the biggest 12-month advance since August 2010. The data is seen as an indication of more sustained and broad-based improvement in home prices, which it is hoped will help the rest of the economy continue to recover.  (Photo by Joe Raedle/Getty Images)

    Joe Raedle / Getty Images

    Get out those hammers! The Commerce Department announced on Wednesday that U.S. builders broke ground on 872,000 single-family homes and apartments in September—the fastest rate since July 2008. The number represents an increase of 15 percent from August. Construction activity is now 82.5 percent above the recession low of April 2009, though it is still well below the 1.5 million rate that indicates a healthy market. Each new home built creates an average of three jobs and creates about $90,000 in tax revenue.

    Read it at Associated Press