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Construction Down, Anxiety Up

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The sky is falling, the sky is falling! Er, well, the buildings are anyway. New construction fell more than 6% last month in the Western states, and some brand-spankin-new homes that have never been lived in are already languishing in foreclosure. At this rate, we'll be putting up fewer new homes this year than at any time in the last 60 years. Hey, so about that tent city... [ABC]