Housing Impact on Economy

I read this good article on how the housing market is having an impact on the economy overall.  In short, when housing isn’t doing well it has a HUGE impact on the overall production numbers.  The author cites decreased inventory and increased sales as being positive but that the jobs market is still driving foreclosure levels to remain high.  Sure, we have heard that from several sources lately but it serves to stress that the economy is a much larger machine than just the housing sector.  We have to get jobs, banks, the auto industry, AND housing all back on track.