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18 Aug
20:31

US residential construction growth appears muddled in July

US residential construction growth was mixed in July with both building permits and housing completions rising, but construction starts falling from the prior month, Kallanish learns from data gathered by the US Census Bureau and the US Department of Housing and Urban Development. In July, building permits issued for residential construction units in the US rose by 2.6% to an annualised rate of 1.64 million units, up from June's rate of 1.59m units. …
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