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

What to Know About the U.S. Sanctions 'Snapping Back' on Iran

U.S. Reimposes Sanctions on Iran

U.S. and South Korea Resume Military Drills Ahead of Denuclearization Talks With North Korea

Has the U.S. Done Enough to Stop Foreign Election Meddling?

Jack Ma Says Trade War Is the 'Most Stupid Thing' as U.S.

The U.S. Is Warning Its Citizens Over Tanzania's Anti

What a troubled power plant tells us about the future of nuclear energy in the U.S.

RISE UP: CELEBRATING YOUTH LEADERS ā€“ Marley Dias, age 13

RISE UP: CELEBRATING YOUNG LEADER ACTIVISTS ā€“ Kian Tortorello

RISE UP: CELEBRATING YOUNG LEADER ACTIVISTS ā€“ Zachary Wood, age 22