World Economy · Learn with evidence

Teach this week’s article

Housing Starts Slipped. Does That Make It 2006 Again?

25–35 minutes · Ages 11–16 with support as needed · No student account needed

Objective: distinguish reported facts, economic mechanisms and limits of historical comparison.

Read first: Housing Starts Slipped. Does That Make It 2006 Again?

Words to know

Housing start
The beginning of foundation excavation for a housing project.
Annual rate
A monthly pace expressed on a twelve-month scale.
Confidence interval
An uncertainty range constructed with a stated long-run coverage level.

Student worksheet

Name or initials: ____________________ Date: ____________________

1. What does a seasonally adjusted annual rate describe?

2. What does a change interval including zero imply?

3. Which evidence would strengthen a comparison with the earlier mortgage crisis?

4. What additional evidence would you require before describing a fall in construction as a wider credit crisis?

5. Name one difference between the historical event and the current event. Explain why it matters.

Sources for this pack