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Japan Housing Starts Drop 7.3% in September, Extending Decline

The latest data shows a sixth straight month of annual decline in housing starts, reflecting ongoing weakness in Japan’s construction sector.

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Terms & Concepts
  • Housing Starts: An economic indicator that measures the number of new residential construction projects begun during a specific period.
  • Construction Sector: The segment of an economy focused on building infrastructure, including residential, commercial, and industrial projects.