Engineering, 07.10.2021 01:30 star296
Why are housing starts a key indicator of a nation’s economic well-being? Housing starts affect the health of a number of other important industries. Gross domestic product cannot be calculated without knowing the number of housing starts. Housing starts can be used as a measure of homelessness and, by proxy, unemployment. Residential construction is more important to the economy than commercial or industrial construction.
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Why are housing starts a key indicator of a nation’s economic well-being? Housing starts affect the...
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