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canada goose outlet online uk https://www.winterdownparkas.com The steep drop in groundbreaking activity probably will be temporary against the backdrop of a tightening labor market. Other data on canada goose clearance Thursday showed the number of Americans filing for unemployment benefits dropped to a 45 year low last week. canada goose outlet online uk

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canada goose outlet canada Housing starts decreased 8.2 percent to a seasonally adjusted annual rate of 1.192 million canadian goose jacket units canada goose store last month, the Commerce Department said. November sales pace was revised up to 1.299 million units from the previously reported 1.297 million units. canada goose outlet canada

The percentage drop for housing starts in December was the largest since November 2016. Economists polled by Reuters had forecast housing starts declining to a pace of 1.275 million units last month. Homebuilding increased 2.4 percent to 1.202 million units in 2017, the highest level since 2007.

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Despite December drop in housing starts, economists continued to believe that investment in homebuilding contributed to gross domestic product growth in the fourth quarter after being a drag for two straight quarters.

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Single family home completions surged 4.3 percent canada goose uk shop to a five month high. The number of single family units under construction was the highest since June 2008, which should help ease an acute shortage of properties on the market that is pushing up prices.

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official canada goose outlet The four week average of claims rose 8,500 between the December and January survey periods, suggesting canada goose uk outlet some moderation in the pace of job growth. Nonfarm payrolls increased by 148,000 in December after surging by 252,000 in November. official canada goose outlet

Job growth is slowing as the labor market nears full employment. There has been an increase in companies reporting difficulties finding qualified workers. There are about 5.9 million job openings in the country.

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