U.S. Jobless Claims Decline; Housing Starts Falls

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July 17 (Bloomberg) -- U.S. Jobless claims declined by 3,000 to 302,000 in the week ended July 12, a Labor Department report showed today in Washington. Another report today showed home construction unexpectedly declined in to a nine-month low. Builders began work on 893,000 homes at an annualized rate in June, down 9.3 percent from the prior month, according to Commerce Department figures. Betty Liu and Michale McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)


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