In another sign that the economy may be picking up, housing starts increased 0.5% in September, the second consecutive monthly increase, according to a report issued today by the Commerce Department and the Department of Housing and Urban Affairs.

Housing starts were at a seasonally adjusted annual rate of 590,000, compared to 587,000 in August.

But September's figures were 28.2% those of September 2008.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.