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US Housing Data Underscores Weak First-Quarter GDP Growth

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 20, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    US housing starts declined more than expected in March, while permits for future home construction slipped to a one-year low, indicating some cooling in the housing market in line with signs of a steep slowdown in economic activity in the first quarter. Housing starts plunged 8.8% from a month earlier[​IMG]

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