Tuesday, April 17, 2007

Housing starts inch up

Housing starts rose 0.8 percent in March (Reuters)

Construction workers put up second story framing as they build homes in Carlsbad, California in this November 17, 2005 file photo. The pace of U.S. home construction rose 0.8 percent in March to a rate that beat analysts' predictions but the rise was well below the previous month's increase and the rate was sharply off the year-ago figure, a government report showed on Tuesday. (Mike Blake/Reuters)Reuters - The pace of U.S. home construction rose 0.8 percent in March to a rate that beat analysts' predictions but the rise was well below the previous month's increase and the rate was sharply off the year-ago figure, a government report showed on Tuesday.


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