Economics
Housing Starts in U.S. Soar After Winter-Related Setback
- Pace of new construction in March was strongest since 2006
- One-unit homes authorized, awaiting starts near 14-year high
Photographer: Bing Guan/Bloomberg
This article is for subscribers only.
Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.
U.S. housing starts rebounded sharply in March to the highest since 2006, exceeding forecasts and indicating residential construction is getting back on track after a winter storm-related setback.