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U.S. Housing Starts Unexpectedly Rebound In April

Por: RTTNews Business May 17, 2023

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New residential construction in the U.S. unexpectedly saw a significant rebound in the month of April, according to a report released by the Commerce Department on Wednesday.The report said housing starts jumped by 2.2 percent to an annual rate of 1.401 million in April after plunging by 4.5 percent to a revised rate of 1.371 million in March.Economists had expected housing starts to drop to an annual rate of 1.405 million from the 1.420 million... + full article



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