U.S. Housing Starts Fell in February

March 20 (Bloomberg) -- Housing starts in the U.S. fell in February from a three-year high to 698,000 homes at an annual rate, down 1.1 percent from a January pace that was stronger than previously reported, Commerce Department figures showed today. Building permits, a proxy for future construction, climbed to the highest level since October 2008. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)