Homebuilding takes a breather; wholesale prices up
WASHINGTON (Reuters) – U. S. builders broke ground on fewer homes last month but a jump in permits for future construction to a 4-1/2-year high indicated the housing market recovery remains on track. Another report on Wednesday showed wholesale prices rose in January for the first time in four months. However, the gain was smaller than expected and left scope for the Federal Reserve to keep buying bonds to stimulate the economy. Housing starts dropped 8. . . .
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