RECOVERY SUMMER! U.S. Housing Starts Drop to Lowest Level Since October. “Construction of single-family houses fell 0.7 percent to a 454,000 rate, a 13-month low, after the prior month’s 19 percent slump. Work on multifamily homes, such as townhouses and apartment buildings, decreased 22 percent to an annual rate of 95,000.”
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.