Housing Starts Down 5.9% from the Revised January Rate

Housing Starts Down 5.9% from the Revised January Rate –  Housing starts in February were at a seasonally adjusted annual rate of 575,000. This is 5.9% below the revised January estimate of 611,000, but is 0.2 percent above the February 2009 rate of 574,000, the Census Bureau said in a report released on Tuesday.