U.S. homebuilding retreats, producing still troubled

U.S. homebuilding tumbled from over a 12-year high in Sept, however single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates at the same time as the economy is fastness. The moderation in the economic process was underscored by alternative information on Thursday, showing producing output fell last month and manufacturing activity within the mid-Atlantic region de....