The Commerce Department announced today that housing starts in April 2012 were up by 2.6 percent over March and up by 23.7 percent over April 2011.
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April Has a Double Shot of Good Economic News
WASHINGTON (Reuters) - Groundbreaking for U.S. homes rebounded in April and factory activity gained steam, suggesting a moderate pick up in economic growth early in the second quarter. The reports on Wednesday were the latest in a series to dampen fears that the recovery in the world's largest economy was stagnating after tepid job growth last month
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Housing, industrial data point to steady growth
Housing starts in the United States in April increased 2.6 percent to a seasonally adjusted annual rate of 717,000 units, the Commerce Department said.
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Housing Starts Rebound
