Thu, 17 Apr 2014 09:22:22 GMT
U.S. housing starts increase less than expected in March
Housing starts in the world's largest economy advanced significantly in March, however the figure remained below economists' expectations, the latest data revealed by the Commerce Department unveiled on Wednesday. The country's housing starts jumped 2.8% on an annual basis in March totaling 970,000 units after recording 920,000 in the month before.