Tag: Commerce
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US housing starts dipped last month
[dropcap]H[/dropcap]ousing starts across the United States fell last month, a slowdown that was driven by a drop in apartment construction, according to data released by the U.S. Commerce Department.(Construction at 28-18 Astoria Boulevard) Residential starts declined almost 5 percent to an annualized rate of 1.16, Bloomberg reported. Starts on multifamily homes dropped just over 15…