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US Homebuilding Drops 9.5% In April: Govt

Fahad Shabbir (@FahadShabbir) Published May 18, 2021 | 06:28 PM

US homebuilding drops 9.5% in April: govt

New home construction in the United States dialed back sharply in April, falling 9.5 percent after the prior month saw sharp growth, government data said Tuesday

Washington, (APP - UrduPoint / Pakistan Point News - 18th May, 2021 ) :New home construction in the United States dialed back sharply in April, falling 9.5 percent after the prior month saw sharp growth, government data said Tuesday.

The seasonally adjusted data on new home starts was worse than expected, while building permits, a more volatile indicator of projects in the pipeline, rose 0.3 percent from March.

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United States March April From Government

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