Housing starts rebound in April

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Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 16 May 2024

⏱️ 1 minutes

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Summary

Housing starts rise; manufacturing output falls; initial jobless claims decline; Netflix buys the rights to Christmas Day NFL games.

Transcript

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0:00.0	More housing projects got underway last month.
0:04.4	I'm Henry Epp with the Marketplace Minute.
0:06.4	Builders started more new home construction projects in April, up nearly 6%,
0:11.0	that's after a significant decline in March. More projects were completed too, up
0:15.4	over 8% according to the Commerce Department, but fewer projects got permits to begin
0:20.4	construction. Production declined among U.S. manufacturers dropping
0:24.4	three-tenths of a percent last month according to the Federal Reserve that fell
0:28.3	short of economists expectations according to Reuters. Manufacturers of cars and car parts saw the largest declines followed by electrical
0:36.0	equipment and wood products.
0:38.1	The number of people filing initial claims for unemployment fell by 10,000 last week, according to the Labor Department, and all over
0:44.8	220,000 people filed.
0:47.4	And Netflix plans to get further into live sports this year.
0:50.3	The company signed a deal to carry two NFL games on Christmas Day, the Wall Street Journal reports Netflix will pay about 75 million dollars for the rights to each game.
0:59.0	I'm Henry Epp with the Marketplace Minute.

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