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Reuters

Reuters

Business

Business & Economics

US homebuilder sentiment drops to seven-month low in March

Reuters
Summary
Nutrition label

80% Informative

The National Association of Home Builders/Wells Fargo Housing Market Index dropped three points to 39 this month .

Economists polled by Reuters had forecast the index at 42 .

It has erased all the gains booked in the aftermath of President Donald Trump 's election victory in November .

New home construction relies heavily on imported materials, including lumber, as well as household appliances.

VR Score

91

Informative language

98

Neutral language

62

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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