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U.S. housing starts near 15-year high; consumer sentiment ri

U.S. housing starts near 15-year high; consumer sentiment ri
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U.S. housing starts race to 15-year high; building permits rise moderately

BusinessU.S. housing starts race to 15-year high; building permits rise moderately
ReutersLucia Mutikani
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A new apartment building housing construction site is seen in Los Angeles, California, U.S. July 30, 2018. REUTERS/Lucy Nicholson/File Photo
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U.S. homebuilding surged to nearly a 15-year high in March, but soaring lumber prices amid supply constraints could limit builders capacity to boost production and ease a shortage of homes that is threatening to slow housing market momentum.
The sharp rebound reported by the Commerce Department on Friday added to robust retail sales in March in suggesting that the economy was roaring after a brief weather-related setback in February. Increasing COVID-19 vaccinations, warmer weather and massive fiscal stimulus are driving the economy, with growth this year expected to be the strongest in nearly four decades. ....

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WRAPUP 1-U.S. housing starts race to 15-year high; building permits rise moderately

WRAPUP 1-U.S. housing starts race to 15-year high; building permits rise moderately
Reuters
1 hr ago
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Building permits gain 2.7%; single-family climb 4.6%
By Lucia Mutikani
WASHINGTON, April 16 (Reuters) - U.S. homebuilding surged to nearly a 15-year high in March, but soaring lumber prices amid supply constraints could limit builders capacity to boost production and ease a shortage of homes that is threatening to slow housing market momentum.
The sharp rebound reported by the Commerce Department on Friday added to robust retail sales in March in suggesting that the economy was roaring after a brief weather-related setback in February. Increasing COVID-19 vaccinations, warmer weather and massive fiscal stimulus are driving the economy, with growth this year expected to be the strongest in nearly four decades. ....

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U.S. housing starts near 15-year high; consumer sentiment rises moderately

6 Min Read
WASHINGTON (Reuters) -U.S. homebuilding surged to nearly a 15-year high in March, but soaring lumber prices amid supply constraints could limit builders’ capacity to boost production and ease a shortage of homes that is threatening to slow housing market momentum.
The sharp rebound reported by the Commerce Department on Friday added to robust retail sales in March in suggesting that the economy was roaring after a brief weather-related setback in February. Increasing COVID-19 vaccinations, warmer weather and massive fiscal stimulus are driving the economy, with growth this year expected to be the strongest in nearly four decades. ....

New York , United States , Jerome Powell , Paul Simao , Chris Low , Lucia Mutikani , Robert Frick , Doug Duncan , Thomson Reuters Trust Principles , Navy Federal Credit Union , National Association Of Home Builders On , Federal Reserve , Commerce Department On , Fannie Mae , University Of Michigan On , Institute For Supply Management , Commerce Department , Wall Street , Dow Jones Industrial Average , National Association , Home Builders , Reserve Chair Jerome Powell , West Coast , Supply Management , Thomson Reuters Trust , Housing Starts ,

U.S. housing starts near 15-year high; consumer sentiment rises moderately

U.S. housing starts near 15-year high; consumer sentiment rises moderately
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Jerome Powell , Paul Simao , Chris Low , Lucia Mutikani , Robert Frick , Doug Duncan , Thomson Reuters Trust Principles , Navy Federal Credit Union , National Association Of Home Builders On , Federal Reserve , Commerce Department On , Fannie Mae , University Of Michigan On , Institute For Supply Management , Commerce Department , Wall Street , Dow Jones Industrial Average , National Association , Home Builders , Reserve Chair Jerome Powell , West Coast , Supply Management , Thomson Reuters Trust , புதியது யார்க் ,