Shelter

• In February, a third of new housing building permits were for 5+ unit structures. A Closer Look at Housing Valeo Financial Advisors
• Occupancy rates at hotels closing in on pre-recession levels Calculated Risk

U.S. Economy

• Industries with the most rapid change in output per hour 2000-2010 via U.S. BLS
• “Demography may explain the weakness of America’s recovery” The Economist
• “Economy signals moderate growth, but FOMC to continue current policy until it improves substantially” U.S. Federal Reserve via Atlanta Fed

Personal Finance

• 57% of U.S. workers reported less than $25,000 in total household savings & investments excluding their home The Wall Street Journal

International

• “Cyprus Struggles to Meet Bailout Demand as Deadline Looms” Bloomberg