Source: Floyd Norris, NY Times ( Free Registration )

The first couple of years of economic recovery after the Great Recession were notable for one no-show.

The housing industry made no contribution at all.

Now it appears that industry is finally starting to recover. Housing starts are rising at a rapid rate, albeit from a very low level. And last year, residential construction spending, adjusted for inflation, climbed 12 percent, after declining for a record six consecutive years.

Read Full Article: Housing, ailing for years, starts to recuperate