U.S. housing starts at 13-year high, factory output gains


construction new homes worthy news(Worthy News) – U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.

There was also some encouraging news on manufacturing, with other data on Friday showing production at factories increasing for a second straight month in December, indicating some stabilization in one of the industries hardest hit by the Trump administration’s 18-month trade war with China. [ Source: Reuters (Read More…) ]

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