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Housing Construction Plunges To Lowest Level In 14 Years, Consumer ...

Story date: 2007-10-17 02:59:00
Added on: 2007-10-17 16:48:37


CBS News - ... intensified last month with construction of new homes plunging to the lowest level ... That decline has intensified in recent months as mortgage lenders have tightened ... avoid a recession because they believe the Federal Reserve will cut interest rates ...


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