RSS
Home construction surges to 4-year high
T

he Commerce Department reported on Wednesday that housing starts in the U.S. surged by 15 percent in September to a four-year high, the latest evidence that a recovery is underway in the long-moribund housing market. Analysts say a full-fledged recovery could drive the broader economy, lifting home prices, encouraging consumer spending, and catalyzing activity in several important industries, including construction and manufacturing.

EDITORS' PICKS

THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER

Subscribe to the Week