More Homeowners Praying for a Buyer

Stores that stock religious goods report that they're selling more statues of St. Joseph. It's good for stores, but maybe not the larger economy, because St. Joseph is, in effect, the patron saint of real estate. His likeness is much in demand when people have trouble selling their houses. Faithful sellers bury the statues close to the "For Sale" sign, and then pray for a buyer.

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STEVE INSKEEP, host:

Good morning, I'm Steve Inskeep.

Here's another economic indicator for the Fed to consider, stores that stock religious goods report that they're selling more statues of St. Joseph. It's good for stores, but maybe not the larger economy, because St. Joseph is, in effect, the patron saint of real estate. His likeness is much in demand when people have trouble selling their houses. Faithful sellers bury the statues close to the For Sale signs, and then pray for a buyer.

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