American housing construction plummets 6.2 per cent in August

Construction of new homes and apartments in the United States fell to the lowest level in 17 years last month, showing the country is still gripped by a severe housing downturn that has triggered billions of dollars of losses and is reshaping the structure of U.S. finance.

Read Full Article from The Canadian Press

- Posted: 2008-09-17 09:04:16

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