Housing starts dip for the third straight month
According to the latest monthly report from the Commerce Department, there was a slight uptick in new single-family home construction in June and a decline in multi-family housing. This is in part driven by high labor costs due to low unemployment, tariffs on construction materials and general uncertainty as to where the economy’s headed.
Click the audio player above to hear the full story.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
