A report released by the Commerce Department on Tuesday showed a substantial rebound in new residential construction in the U.S. in the month of February. The Commerce Department said housing starts spiked by 10.7 percent to an annual rate of 1.521 million in February after plunging by 12.3 percent to a revised rate of 1.374 million in January.
Read Full Story
Latest posts by Top News Editor (see all)
- Dollar Rises Against Major Counterparts After Hot Inflation Data - April 26, 2024
- U.S. Consumer Sentiment Dips More Than Previously Estimated In April - April 26, 2024
- U.S. Consumer Prices Rise 0.3% In March, Annual Growth Accelerates To 2.7% - April 26, 2024