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    1. Mag

    FAST FACT

    Oct. 1, 2001
    The number of new housing starts fell by 6.9 percent in August to a seasonally adjusted annual rate of 1.53 million, the steepest drop since March 2000.

    The number of new housing starts fell by 6.9 percent in August to a seasonally adjusted annual rate of 1.53 million, the steepest drop since March 2000.
    — U.S. Commerce Department.