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US Decline in March Housing Starts Masks Positive for Q1/16 GDP

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Tight inventory levels in the US housing market continued to give the green light to developers, but they have been slow to respond, and a second consecutive decline in building permits in March indicated downside risk to the near-term outlook. That said, housing activity should benefit from a strong labour[​IMG]

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