Thursday 17 August 2017

Housing Starts Unexpectedly Sink, Multi-Family in Huge 34% Retreat Year-Over-Year

Mish Talk:



Construction spending for the second quarter is off to a slow start as judged by housing starts. The Econoday consensus was for a 1% rise. Instead, starts declined nearly 5% from the initial June report, now revised lower.
Construction Indicators Slide
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