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U.S. Housing Starts Show Notable Decrease In October, Building Permits Pull Back Sharply

Por: RTTNews Business November 17, 2022

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New residential construction in the U.S. showed a notable decrease in the month of October, the Commerce Department revealed in a report released on Thursday.The report said housing starts tumbled by 4.2 percent to an annual rate of 1.425 million in October after falling by 1.3 percent to an upwardly revised rate of 1.488 million in September.Economists had expected housing starts to slump by 2.0 percent to an annual rate of 1.410 million from... + full article



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