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Odessa American in Odessa, Texas

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

May 17, 2007

Page

3

Construction permits plunge signals ongoing housing slump

Construction of new homes and apartments rose 2.5 percent in April to 1.528 million, but permits for future construction plummeted 8.9 percent to 1.429 million, the sharpest drop in 17 years and the lowest level in a decade. Analyst Bill Hampel notes the permit decline signals housing contraction will persist, despite a recent uptick in actual starts.

Washington Bill Hampel Credit Union National Association Wall Street Dow Jones New York Nigeria Energy Information Ministration

Amazon to launch DRM free online music store

Amazon.com will open an online store offering only songs free of copy protection designed to play on any device from PCs to iPods and Zone players. Executives said consumers want unrestricted music, with MP3 as the common format across players.

Amazon.com Seattle Apple Microsoft Napster RealNetWorks Inc Rhapsody iTunes

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