Catch22 Report post Posted September 20, 2005 8:30am 09/20/05 U.S. Aug. housing starts sink 1.3% to 2.01 million By Rex Nutting WASHINGTON (MarketWatch) - New construction on U.S. houses units slipped 1.3% to a seasonally adjusted annual rate of 2.009 million units in August, the Commerce Department reported Tuesday. The decline was slightly larger than expected. Economists surveyed by MarketWatch were calling for a decline to 2.03 million from 2.042 million in July. New construction of single-family homes rose 0.1% to a seasonally adjusted annual rate of 1.709 million. Meanwhile, 2.124 million building permits were authorized by local government jurisdictions, down 2.2% from July's 2.171 million pace. Quote Share this post Link to post Share on other sites
