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兴木动工

English translation: housing starts

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Chinese term or phrase:	兴木动工
English translation:	housing starts
Entered by:	Denyce Seow

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00:50 Apr 22, 2006

Chinese to English translations [PRO]
Bus/Financial - Economics

Chinese term or phrase: 兴木动工

四月份兴木动工增长百分之十一，年率为二百零三点八万间房屋

Denyce Seow KudoZ activity Questions: 1848 (10 open) (51 closed without grading) Answers: 1528 Singapore
Local time: 06:11

housing starts

Explanation:
http://www.investopedia.com/university/releases/housingstart...

Background:
This economic indicator tracks how many new single-family homes or buildings were constructed throughout the month. For the survey each house and each single apartment are counted as one housing start, (a building with 200 apartments would be counted as 200 housing starts). The figures include all private and publicly owned units, with the only exception being mobile homes which are not counted.

Most of the housing start data is collected through applications and permits for building homes. The housing start data is offered in an unadjusted and a seasonally adjusted format.

Selected response from:

wherestip
Local time: 17:11

Grading comment

I will continue my research based on this. I appreciate wherestip's help and the comments made by Angus and Clark.
4 KudoZ points were awarded for this answer