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U.S. single-family homebuilding increased for a second straight month in March, while permits for future construction surged, offering some glimmers of hope for the depressed housing market ahead of
Demand for the heavy-machinery fuel that powers everything from commercial trucking fleets to construction equipment is weakening in many of the world’s largest economies.
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Single-family home starts up 2.7% in MarchSingle-family building permits jump 4.1%Gross housing began to decline 0.8%; Permits down 8.8%WASHINGTON
By Lucia Mutikani
By Lucia Mutikani