Housing construction plunges to lowest level in 14 years (Naples Daily News)

Story date: 2007-10-17 03:43:43
Added on: 2007-10-17 16:48:36

Construction of new homes plunged to the lowest level in 14 years in September as turmoil in credit markets intensified the problems in the housing industry. Consumer prices, meanwhile, rose at the fastest pace in four months, reflecting higher energy and food costs.


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