When housing does well, so do a lot of other industries: steel, lumber, glass, appliances and furniture. So far in the '60s, housing has proved a disappointment. As the spring home-buying season opened in earnest last week, the figures for housing starts in January and February showed only a 3% rise over the same months last year, a disappointing gain that is being blamed on a hard winter. But there are portents of better things to come. Permits for future building jumped 8% in the two months, and FORTUNE'S semiannual survey reports that builders...
To continue reading:
or
Log-In
