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Housing slump deepens as September housing starts hit 14-year low
U S housing construction plunged 10.2 percent in September to a 1.191 million annual rate, the lowest since March 1993, amid credit turmoil. Consumer prices rose 0.3 percent, energy and food costs lifting inflation, while core inflation stayed at 0.2 percent.
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Bush
Michael Gregory
BMO Capital Markets
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