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U.S. Home Construction Leaps Ahead in February

Saturday, Mar 19 2016
News Roundup
Written by  TPB News

The leap year was a lucky one for the construction industry. So reports from U.S. News  World Report.

The U.S. Commerce Department reported new housing starts rose 5.2% in February to a seasonally adjusted annual rate of 1.18 million units. However, applications for new construction followed a three-month long weak trend. Overall, economists forecast another good year for housing due to gains in the employment index that will lead people to decide to purchase a home.

Read the full article from U.S. News & World Report.

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