>Housing Starts in U.S. Decreased in December to One-Year Low
By Shobhana Chandra – Jan 19, 2011 9:41 AM ET
Builders began work on fewer homes than projected in December, a sign the industry that triggered the recession continued to struggle more than a year into the U.S. economic recovery.
Housing starts fell 4.3 percent to a 529,000 annual rate, the lowest level since October 2009, Commerce Department figures showed today in Washington. The median forecast in a Bloomberg News survey called for a 550,000 rate.
more: https://www.bloomberg.com/news/2011-01-19/housing-starts-in-u-s-fell-more-than-forecast-in-december-to-one-year-low.html
