U.S. homebuilding soars in January; import prices jump

U.S. homebuilding soars in January

WASHINGTON (Reuters) – U.S. homebuilding rose to more than a one-year high in January, boosted by strong increases in the construction of both single- and multi-family housing units, and further gains are likely with building permits surging to their highest level since 2007. Other data on Friday showed a jump in import prices last month … Read moreU.S. homebuilding soars in January; import prices jump