Saturday, July 21, 2007

U.S. home builder woes reach into other industries

Sat Jul 21, 2007 3:51 AM ET

By Ilaina Jonas

NEW YORK (Reuters) - The anemic U.S. housing market has hurt various industries from makers of air conditioners to earth movers, with several manufacturers reporting their top lines have been bruised by the slowdown.

Still, several investors remain positive about the long- term outlook for U.S. home builders, although a rebound may be years away.

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