Housing starts rose 2.1 percent in July, landing at a seasonally adjusted annual rate of 1.21 million units, the Commerce Department said Tuesday. The July figure was 5.6 percent above the July 2015 rate. Permits for new construction, which are considered a gauge of future demand, were 0.1 percent below June’s rate, landing at an annual rate of 1.15 million.
FDIC proposes to adjust assessment methodologies, rate schedules
The FDIC proposed updating the definitions of small and large institutions that determine which methodology is applied to calculate an institution’s deposit insurance assessment rate, and revising the deposit insurance rate schedules for all institutions.








