Housing Starts in U.S. Climb 2.3% to 750,000

Sept. 19 (Bloomberg) -- New housing construction rose in August, boosted by the strongest pace of single-family home starts in more than two years that shows an improving real estate market. Beginning construction climbed 2.3 percent to a 750,000 annual rate, less than forecast and restrained by a drop in the building of apartments, from a revised 733,000 annual pace in July, Commerce Department figures showed today in Washington. Betty Liu, Dominic Chu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Should the U.S. Have Already Raised Rates?
31:15 - UBS Global Economist Paul Donovan discusses the impact of emerging markets on the U.S. and Europe, the U.S. jobs report and inflation inequality. He speaks to Bloomberg's Guy Johnson and Anna Edwards on "Countdown." (Source: Bloomberg)
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