Residential Construction Takes A Hit As Tariffs Bear Down On Builders
Residential construction dipped in March as homebuilders digested the immediate impacts of new tariffs. Housing starts slipped 11.4% from February to a 1.49 million annual pace, though they were up 1.9% YOY, according to new data from the U.S. Census Bureau. The monthly drop was larger than expected by economists surveyed by Bloomberg. Starts represent…
