U.S. Housing Starts Rise, Producer Prices Decline

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00009120-us-housing-starts-rise-producer-prices-de/

By Kristin Roberts, Reuters

U.S. housing starts rose 5.3 percent in November, defying Wall Street expectations for a slowdown, as construction on both single-family and multifamily units climbed, the Commerce Department reported on Tuesday.

In a separate report, the government said producer prices posted their biggest drop in more than two and a half years, showing prices were well contained outside of the volatile food and energy areas.

For this complete story, please visit U.S. Housing Starts Rise, Producer Prices Decline.

U.S. Housing Starts Rise, Producer Prices Decline

Unknown Author

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