Housing starts edge up, future plans drop.(Business Briefs)(Brief Article)
Home Textiles Today, September, 2004
Housing starts improved 0.6 percent in August, to a seasonally adjusted level of 2 million units, the Commerce Department reported, recovering from earlier declines and returning to their 2004 high-water mark set in March. But while builders were breaking ground at a robust pace, future building plans cooled and the forward-looking indicator of housing units authorized by building permits tumbled 5.5 percent to a seasonally adjusted level of 1.95 million units, down from 2.1 million during July.
The August slide wipes out most of a big 6.2 percent increase recorded the month before, the Commerce Department reported. And in a sign that rising interest rates are having a chilling effect on the market, building permits now stand 0.6 percent beneath their...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
