Summary
WASHINGTON -- The number of housing projects builders broke ground on dipped in April, but even with the decline, the level of activity still suggested that the residential construction sector of the economy remains healthy.
The Commerce Department reported Tuesday that the number of residential units under way clocked in at a seasonally adjusted annual rate of 1.97 million, representing a 2.1 percent decline from March.See the full content of this document
Extract
Housing Construction Dips 2.1%
The slowdown came after a brisk March when builders broke ground on 2.01 million units, on an annualized basis, according to re...
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