Housing starts increase in July

Publish date
08/17/2010
Source
CNN Money
Main Category
Economy - US
Article Summary

The U.S. Commerce Department reports that residential starts in July increased 1.7% to post a seasonally adjusted annual rate of 546,000 in the month, while applications for building permits in the period decreased 3.1% to a seasonally adjusted annual rate of 565,000.  However, the measures are respective declines from July of 2009 of 7.0% and 3.7%.

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