BusinessMarch 4, 1996
BUSINESS MEMO: HOME CONSTRUCTION RISES
WASHINGTON -- Builders ignored bad weather and a weak economy to boost new home construction in January, but the gain failed to erase a December loss that contributed to the first annual decline since the last recession. The Commerce Department said Friday that new construction of homes and apartments rose 4.4 percent last month after falling 5 percent in December...
WASHINGTON -- Builders ignored bad weather and a weak economy to boost new home construction in January, but the gain failed to erase a December loss that contributed to the first annual decline since the last recession.
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The Commerce Department said Friday that new construction of homes and apartments rose 4.4 percent last month after falling 5 percent in December.
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