Thursday, June 20, 2013

Builders Ramp Up Production

Builders Ramp Up Production
Meet Increasing Demand: Housing starts rose 6.8 percent in May, 

as low inventory levels have builders rushing to catch up with demand. Housing starts rose to a seasonally adjusted annual rate of 914,000, nearing the 1 million mark, the Commerce Department reported Tuesday.
Housing permits for single-family homes, a gauge of future construction, rose 1.3 percent in May. 

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