Housing starts fell 3% to a seasonally adjusted annual rate of 861,000 in November from a revised estimate of 888,000 in October, the Commerce Department reported Wednesday.
November Housing Starts Fall 3.0%; Permits Rise 3.6%
DEC 19, 2012 8:30am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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