U.S. housing starts drop; permits rise to one / World News in Short

Channels

frontpage
world
entertainment
odd news
politics
science
technology
health
sports
business

Latest

Overview
world
entertainment
odd news
politics
science
technology
health
sports
business
AD

U.S. housing starts drop; permits rise to one

JAY GORY, MANAGING EDITOR, business

U.S. homebuilding fell in January as the construction of multi-family housing projects dropped, but upward revisions to the prior month's data and a jump in permits to a one-year high suggested the housing recovery remained on track. Other data on Thursday showed only a modest increase in the number of Americans filing new applications for unemployment benefits last week, a sign that the labor market was continuing to tighten. Housing starts fell 2.6 percent to a seasonally adjusted annual rate of 1.25 million units last month, the Commerce Department said. read more

(Possibly) Related news

Trump: U.S.

U.S. Olympic Gymnastics Coach Martha Karolyi Says There's 'No Way' She Suspected Sexual Abuse By Larry Nassar

Lance Armstrong Settles a $100 Million Fraud Lawsuit With the U.S. Postal Service for $5 Million

Kushner Companies Has Been Subpoenaed as Part of a Probe Into False Housing Paperwork

A Militant Linked to the 9/11 Attacks Has Been Captured by U.S.

U.S. Airline Regulators Will Boost Inspections After Fatal Southwest Jet Engine Explosion

President Trump Says the U.S. and North Korea Are Talking at 'Extremely High Levels'

Three Former U.S. Soldiers Have Been Convicted for the Contract Killing of a Filipino Woman

CIA Director Mike Pompeo Met with Kim Jong Un in North Korea, U.S. Officials Say

George W. Bush: U.S. should be tough on Russia ā€” 'not belligerent, but forceful'