Bloomberg News
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Are Falling U.S. Housing Starts Pointing to a Recession?
Posted
June 27, 2019
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1,060
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June 27, 2019
1,060
7
1
0.75%
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1:01Now PlayingAfter an unexpected fall in U.S. housing starts in May, analysts are closely watching this key economic indicator. The housing market comprises up to 18% of GDP and housing starts offer a crucial insight into the economy's future strength, particularly consumer spending, which represents nearly 70% of U.S. economic activity.
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