☰
US construction fell 9pc in Sept
WASHINGTON: Homebuilders pulled back on construction for a second straight month in September, with a plunge in apartments offsetting gains in single-family homes. Building activity was weak in all parts of the country except the Midwest.
Construction tumbled 9 per cent in September to a seasonally adjusted annual rate of 1.05 million units, the Commerce Department reported Wednesday.
Published in Dawn, October 20th, 2016
Read Comments