Forex News – US housing starts below forecast in August
Posted on September 18, 2013 at 1:32 pm GMTUS housing starts rose less-than-expected last month, official data showed on Wednesday. According to data from the Census Bureau, the number of housing starts rose 0.9 percent in August to 891,000 from 883,000 in the preceding month whose figure was revised down from 896,000. Expectations were for the number of housing starts to rise to 917,000. The housing starts data here is an Annualized number of new residential buildings that began construction during the previous month. This data is slightly [..]