US home construction dips 0.7% in October

FILE – A mason shovels a cement mixture as he prepares to lay down bricks on the exterior wall of a new house in Flowood, Miss., Sept. 23, 2021. U.S. home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks. The Commerce Department reported Tuesday, Oct. 19, 2021 that the decline in September left home construction at a seasonally adjusted annual rate of 1.56 million units, 7.4% above the rate one year ago. (AP Photo/Rogelio V. Solis, file)

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