Overseas Headlines – May 18, 2021
United States: U.S. Housing Starts Trail Estimate, Hinting at Supply Chain Woes “U.S. housing starts fell by more than forecast in April, suggesting that supply-chain constraints and rising materials costs continue to hold builders back. Residential starts decreased 9.5% in April to a 1.57 million annualized rate, according to government data released Tuesday. The median