Headline comparison: Bloomberg vs MarketWatch
By Daniel at 18 August, 2009, 10:11 am
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U.S. housing starts unchanged in July at 581,000 pace
WASHINGTON (MarketWatch) — U.S. housing starts were unchanged in July, as a small increase in new construction of single-family homes was offset by a large decline in multifamily units.
Housing Starts in U.S. Fell on Multi-Family Units
Aug. 18 (Bloomberg) — Housing starts in the U.S. unexpectedly fell in July, pulled down by multifamily dwellings, while single-family starts which make up most of the industry rose to the highest level since October.
Bottom line: Housing starts fell one percent, however MarketWatch tries to spin it.
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