why are housing starts a key indicator of a nation's economic wellbeing

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01-03-2019
Business

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why are housing starts a key indicator of a nation's economic wellbeing

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Two trains leave the station at the same time, one heading East and the other heading West. The westbound train is going 60mph. The eastbound train is going 80m

MsTeel MsTeel · Answer 1 · 2019-03-04T03:24:12+01:00

MsTeel MsTeel

04-03-2019

Housing starts are important because they are a leading (aka early) indicator of how the economy is doing. Increases in housing generally indicate signs of economic growth and vice versa.

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why are housing starts a key indicator of a nation's economic wellbeing