Builders Probably Began Work on More U.S. Houses in November

Builders in the U.S. probably began work on more homes in November for the first time in three months, showing the industry is struggling to recover, economists said before a report today.

Housing starts climbed 6 percent to a 550,000 annual rate, according to the median estimate of 76 economists surveyed by Bloomberg News. Work slumped in October to the slowest pace since April 2009’s record low. Building permits, a proxy of future construction, may have also increased.