Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

U.S. Housing Starts Slipped In January

WASHINGTON (UPI) — Residential construction starts slipped in January from December but permits issued rose, the U.S. Department of Commerce said Wednesday.

The department said project starts fell 8.5 percent from December’s revised figure of 973,000 starts on a seasonally adjusted annual rate.

The 890,000 starts for January, however, are 23.6 percent more than January 2012, when the rate stood at 720,000.

Disappointment in the number of starts was eased by an increase in permits issued, which indicates a rise in construction in one and two months.

Permits for privately owned housing units rose to a seasonally adjusted annual rate of 925,000, a 1.8 percent gain over December and a 35.2 percent gain over the 684,000 permits issued in January 2012.

Residential project completions came to an annual rate of 724,000 in January on a seasonally adjusted basis, a 6 percent gain over November and a 33.6 percent gain over January 2012, Commerce said in a release issued with the Department of Housing and Urban Development.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “U.S. Housing Starts Slipped In January”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.