New US homes building down 11% to 6-month low
China Daily | Updated: 2009-11-20 08:09
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A workman lays a brick at a construction site in Leesburg, Virginia. Analysts predict a slow recovery in house building in the US. Bloomberg News |
WASHINGTON: Construction of new homes in the United States hit a six month low in October, providing more evidence of the economy's sluggish recovery, while a surge in the cost of new and used vehicles lifted consumer prices.
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