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February housing starts down at year's low

Wednesday, March 18, 2015 - 05:50

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US housing starts plunged to their lowest level in a year in February likely as harsh weather kept building crews at home, in the latest indication that the economy hit a soft patch in the first quarter.

Washington

US housing starts plunged to their lowest level in a year in February likely as harsh weather kept building crews at home, in the latest indication that the economy hit a soft patch in the first quarter. Groundbreaking tumbled 17 per cent to a seasonally adjusted annual pace of

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