2009 Was Home Builders' "Worst Year"

If you're looking for a sunny outlook on the economy, skip the International Builders' Show in Las Vegas.

The outlook for home builders is poor with only a slight chance of recovery in 2010. Ongoing joblessness and steady foreclosures are keeping U.S. builders from feeling confident about a quick recovery for the housing market, say economists at the industry pow wow.

"Builders realize that factors beyond our control – including consumer concerns about job security and competition from foreclosed homes on the market – are still impeding demand for new homes at this time," says Joe Robson, the chairman for the National Association of Home Builders.