New U.S. Home Construction in April Slumps by Most on Record
A workers uses a hammer to remove a cement form at a low-income housing construction site in Schenectady, New York. (Photographer: Angus Mordant/Bloomberg)

New U.S. Home Construction in April Slumps by Most on Record

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(Bloomberg) -- U.S. home construction starts plunged in April by the most in records back to 1959, as the nationwide lockdown to control the spread of the coronavirus hammered the housing market an...