A government report says construction of new homes plunged 4.5 percent last month to the lowest level on government records.
home constructionUS home construction sinks to new record lowNewsvine - business Wed, 11/19/2008 - 07:34
A government report says construction of new homes plunged 4.5 percent last month to the lowest level on government records, as U.S. builders slashed production while Wall Street nosedived. U.S. Economy: Home Construction Hits 17-Year LowNewsvine - business Thu, 07/17/2008 - 13:53
Bloomberg reports: Builders started work in June on the fewest single-family U.S. homes since 1991 and manufacturing in the Philadelphia region contracted for an eighth straight month, signaling the economic slowdown is worsening. |
