DislikedHousing Starts May Drop to 14-Year Low: U.S. Economy Preview
By Bob Willis
Nov. 18 (Bloomberg) -- Housing starts in the U.S. fell to a 14-year low in October, signaling the real-estate slump will continue to weigh on growth, economists said before a report this week.
Construction fell 1.8 percent to an annual rate of 1.17 million homes, according to the median forecast of economists surveyed by Bloomberg News before a Commerce Department report on Nov. 20. Building permits, an indicator of future activity, fell 2.1 percent to a 1.2 million pace, economists forecast.
news from sunday at bloomberg...Ignored
With this FA plus BOE possibility of CUTTING IR Rate... Plus China Man Announcement.... We've got PING PONG Market