Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
2/20/2013 8:45:00 AM Write a Letter to the Editor Write a letter to the Editor

Housing Starts Decline 8.5% in January

Housing starts fell 8.5% in January, on a drop in construction of multifamily units, the Commerce Department said Wednesday.

Starts fell to an annual rate of 890,000 units, lower than economists’ median forecast of 920,000, Bloomberg News reported.

December starts were revised up to 973,000, the highest in four years, from an originally reported 954,000.

Single-family home starts in January rose 0.8% to a 613,000 rate, the highest since July 2008.

Work on multifamily units, which is often more volatile, fell 24.1% to an annual rate of 277,000.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2013, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

TFM

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement