Housing starts surge; suppliers benefit

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Data from the government shows an increase in housing starts.

August 20, 2014
Housing starts increase

Photo: Caliber Roofs/Wikimedia Commons

Government data shows that housing starts in July were up nearly 16 percent over June, and almost 22 percent over last year. Similarly, home improvement retail giant Home Depot reported a surge in their second-quarter earnings. The New York Times reports that these two numbers were higher than what analysts projected, but did not project any surges in housing in the months to come. 
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