The housing sector has been one of the hardest hit of this recession. Indeed, the drop in the housing sector is one of the main reasons that we ended up with a financial crisis. As a result, it is little surprise that the National Association of Home Builders has shut down its office this week.

NAHB announced the move back in May, and this is just carrying out the plan. It is interesting that the move comes at this time, when home sales are finally on the rise, and home prices have finally begun improving. But the move is still expected to save a great deal of money. Another shutdown will take place the entire week of Thanksgiving, instead of for just the Thursday and Friday.