Bloomberg News

U.S. Homebuilders `Back in Business,' Rupkey Says

July 18, 2012

July 18 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about June U.S. housing starts data released today and outlook for the economy. Starts rose 6.9 percent last month to a 760,000 annual pace after a revised 711,000 rate in May that was faster than initially estimated, the Commerce Department reported today in Washington. (Source: Bloomberg)

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