Housing starts increase in November, as builders bet on apartments

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Single-family starts dropped four point six percent in November and are down thirteen point one percent from a year earlier higher mortgage rates have dragged down home sales in the past year. Discouraging many builders that is correspondent Jeremy house the Virginia shipyard, that's the sole builder of nuclear powered aircraft carriers was offering buyouts to a little more than ten percent of its workforce. Newport, News shipbuilding says it it's completely voluntary. There will be no layoffs. The shipyard is a division of Huntington Ingalls industries. It's one of two yards that builds nuclear power

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