Industry News

Housing further dims economic outlook

Construction downturn sends U.S. leading index lower
Published on Jan 18, 2008

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Continued weakness in home construction contributed significantly to December’s 0.2 percent decline in the U.S. leading index, a gauge of future economic activity, The Conference Board reported today. A report Thursday from the U.S. Commerce Department found that housing starts ...