Housing Starts Rise but New Permits Fall: Conflicting Data Everywhere

Posted by Daniel Jones on Feb 16, 2011 4:59:00 PM
Instant View: Housing Starts, Producer Prices Rise
Wed Feb 16, 9:11 am ET

 

NEW YORK (Reuters) – U.S. housing starts rose more than expected in January to their highest rate in four months but permits for future home construction dropped sharply after hefty gains the prior month, according to a government report on Wednesday that showed the housing market still bouncing along the bottom.

http://news.yahoo.com/s/nm/20110216/bs_nm/us_usa_economy_instant

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