Forex Blog

March 16, 2010

US Housing Construction on the Decline

Filed under: OANDA News — Tags: 5-9-percent-, and-north-east, forex round up, futures-suggest, growth-returns, technical, unexpected-as-winter, watchers-expect — admin @ 6:49 am

US housing construction fell by 5.9 percent in February to a seasonally-adjusted 575,000 units. The decline was not unexpected as winter storms in the mid-west and north-east caused havoc with building projects.

Source: Associated Press

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