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U.S. Housing Starts Unexpectedly Spike 14.8% In November

Por: RTTNews Business December 19, 2023

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The Commerce Department released a report on Tuesday unexpected showing a substantial increase in new residential construction in the U.S. in the month of November.The report said housing starts soared by 14.8 percent to an annual rate of 1.560 million in November after inching up by 0.2 percent to a downwardly revised rate of 1.359 million in October.The surge surprised economists, who had expected housing starts to decrease by 0.9 percent to... + full article



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