New Home Construction hit a record new low under President Obama's economic program, the lowest level since records have been kept starting in 1969. Housing Construction employment has been the driving force of job creation in leading the way to economic recovery in recent decades. More than 2,000,000 workers were formerly employed in the home construction field prior to the [[Fannie Mae]] and [[Freddie Mac]] government meltdown of subprime mortgages sparking the economic malaise.
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New Home Construction hit a record new low under President Obama's economic program, the lowest level since records have been kept starting in 1969. Housing Construction employment has been the driving force of job creation in leading the way to economic recovery in recent decades. More than 2,000,000 workers were formerly employed in the home construction field prior to the [[Fannie Mae]] and [[Freddie Mac]] government meltdown of subprime mortgages sparking the economic [[malaise]].