Housing starts decline for third straight month
Dec manufacturing PMI falls to 53.7, matching January low
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Washington
HOUSING starts declined 1.6 per cent to a 1.03 million annualised rate in November for a third consecutive month, continuing a slow recovery in the housing market.
The figure fell from a 1.05 million pace in October that was stronger than previously estimated, figures from the Commerce Department showed on Tuesday in Washington. The last time starts exceeded one million for three months straight was in early 2008.
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