Tuesday, April 17, 2007

Housing starts rose 0.8 percent in March

(Reuters) - Building permits, which signal future construction plans, also rose 0.8 percent to a 1.544 million unit pace. Economists were expecting building permits to register a 1.510 million unit pace, down from the 1.532 million in February.

Last month's permits figure was off 25.9 percent from the March 2006 pace of 2.085 million units.


Read more at Reuters.com Economic News

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