US housing starts and producer prices up

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US housing starts and producer prices up

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12-16-2009, 10:05 PM

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US housing starts and producer prices up

The US economy received a boost today after the Commerce Department revealed a rise in housing starts for the month of October, recovering from the slump in September. According to the Commerce Department, construction of new US homes surged 8.9% during the month to a seasonally adjusted annual rate of 574,000 properties. The figure was in line [...]

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