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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 Popular Searches 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.

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.

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.

dpa-AFX Überblick: KONJUNKTUR vom 15 04 2021

dpa-AFX Überblick: KONJUNKTUR vom 15 04 2021
boersennews.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boersennews.de Daily Mail and Mail on Sunday newspapers.

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