(Bloomberg) -- Housing starts in the U.S. fell in
May, signaling the slump in home construction will continue to
depress growth.
Builders broke ground on new houses at an annual rate of
1.474 million, down 2.1 percent from 1.502 million the prior
month, the Commerce Department said today in Washington. Building
permits rose 3 percent to 1.501 million from 1.457 million.
Read more at Bloomberg Currencies News
May, signaling the slump in home construction will continue to
depress growth.
Builders broke ground on new houses at an annual rate of
1.474 million, down 2.1 percent from 1.502 million the prior
month, the Commerce Department said today in Washington. Building
permits rose 3 percent to 1.501 million from 1.457 million.
Read more at Bloomberg Currencies News
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