WASHINGTON (AP) — U.S. home construction plunged in August, led by steep decline in the pace of building apartments. The Commerce Department says construction fell 14.4 percent in August to a seasonally adjusted annual rate of 956,000 homes.
By JOSH BOAK, AP Economics Writer, San Antonio Express-News: World
Thu, 09/18/2014 - 5:35am
WASHINGTON (AP) — U.S. home construction plunged in August, led by steep decline in the pace of building apartments. The Commerce Department says construction fell 14.4 percent in August to a seasonally adjusted annual rate of 956,000 homes.