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Home » April industrial production, retail sales, housing starts slip; permits rise
Housing starts slid 7 percent, seasonally adjusted, from March to April but remained 3 percent higher than in April 2002, the government reported recently.
Single-family starts fell 3 percent for the month but rose 6 percent from the year-ago month. Housing with five or more units tumbled 22 percent for the month, to a six-year low, and 14 percent from April 2002.