U.S. housing construction expanding
Published: October 19,2010
Source: The Wall Street Journal’s Market Watch
WASHINGTON — New construction of U.S. houses expanded for the third straight month in September, the Commerce Department estimated Tuesday.
Starts rose 0.3% in September to a seasonally adjusted 610,000 annualized units, much stronger than the 578,000 pace expected by economists surveyed by MarketWatch.
This is the highest level of starts since April.
Starts of new single-family homes rose by 4.4% to 452,000 in September, while starts of large apartment units fell 9.7% to 158,000.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Oxford’s FNC getting new headquarters
- QUIRKY? NO, JERKY — Whatever your craving, Beef Jerky Outlets likely has the flavor among 200+ choices
- Officials set hunting dates for birds; expands dove season by 20 days
- TECH 21 — Mississippi's most wanted in technology
- ALAN TURNER — The ‘Internet of things’ is focus of Camgian's Gary Butler
- Federal charges dropped against Shumate after guilty plea
- MARTIN WILLOUGHBY — State roots key to Edge Theory's Joe Stradinger
- Cochran's attorneys argue for dismissal of McDaniel's lawsuit
- MEMA warns of hottest temperatures of the year