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Economic Buzz: US Housing Starts Edge Higher

20 Apr 2022 , 08:51 AM

The New residential construction in the US saw modest growth in the month of March, according to a report released by the Commerce Department on Tuesday. The report showed housing starts rose by 0.3 percent to an annual rate of 1.793 million in March after spiking by 6.5 percent to an upwardly revised rate of 1.788 million in February.

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