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residential construction

Oct. Housing Data is Split: Home Construction UP, Home Sales DOWN

November 26, 2019 by Ted Leave a Comment

Photo of a new home for sale

In new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, the readings appear split with housing starts showing increases while new home sales declined. Housing, a prime component of the overall U.S. GDP has been in a bit of a swell over the last couple of months, driven largely by low interest rates stimulating demand for homes.

See more on the latest housing data…

[Read more…] about Oct. Housing Data is Split: Home Construction UP, Home Sales DOWN

Filed Under: Economic Trends, News, Statistics Tagged With: construction, home construction, home sales, housing starts, new home sales, residential construction, residential housing

More Mixed Signals from Housing – Starts Down, Sales Up

July 26, 2019 by Ted Leave a Comment

Housing - Photo of newly constructed home

In the choppy waters of today’s current economy, we continue to get mixed signals – this time from the housing market. Last week, we learned that residential construction starts declined in June by 0.9% below the rate in May. This week, we find that sales of newly built homes in June increased by 7% as compared to sales in May.

What should we make of developments in housing?…

[Read more…] about More Mixed Signals from Housing – Starts Down, Sales Up

Filed Under: Economic Trends, News, Statistics Tagged With: housing, housing starts, new home sales, residential construction

The Volatile ‘Fits & Starts’ of Housing Starts

March 13, 2019 by Ted 2 Comments

Census Bureau Logo

As regular Strata-gee readers know, I follow basic economic data for our readers. Not all economic data, just that data I feel are germane to the custom integration and consumer electronics industries. Normally, that is a fairly sane and sedate task – but lately, it has gotten a bit crazy, with wild up/down swings the likes of which I haven’t seen since the last great recession. Take housing starts, for example…

See the latest data on housing starts…

[Read more…] about The Volatile ‘Fits & Starts’ of Housing Starts

Filed Under: Economic Trends, Statistics Tagged With: housing starts, residential construction, residential housing

New Housing Data Continues to Point to a Downturn

December 19, 2018 by Ted Leave a Comment

Housing Prices PhotoAs I write this on Wednesday, December 19th the stock market has closed down 351.98 points or nearly 1.5% to its lowest level of the year, according to CNBC. The broader S&P 500 Index also closed at a 2018 low. But as bad as this news is, perhaps even more concerning are two key indicators for the housing market – single-family housing starts and homebuilder sentiment – both of which showed disappointing results.

See more red economic flags from the housing market… [Read more…] about New Housing Data Continues to Point to a Downturn

Filed Under: Economic Trends, News Tagged With: homebuilders, homebuilders sentiment, housing starts, residential construction, stock market

House of Horrors: Sept. Housing Starts Drop 5.3%

October 17, 2018 by Ted Leave a Comment

Photo of a home being builtI’ve been sounding the alarm about a housing slowdown for a couple of months now, starting with this overall look at how a housing industry-led recession could be just around the corner. Now, new data on housing, the industry that was a major driver of the last recession, continues to offer a bearish outlook with housing construction starts dropping a significant 5.3% in the month of September.

See more on the latest data from the Commerce Department on housing starts… [Read more…] about House of Horrors: Sept. Housing Starts Drop 5.3%

Filed Under: Statistics Tagged With: housing starts, residential construction

Good Economic Sign: November Housing Starts Shoot Up

December 17, 2015 by Ted Leave a Comment

Photo of construction workersIn a result that exceeded economists’ estimates, November overall housing starts jumped an impressive 10.5% to a seasonally adjusted annual rate of 1.173 million units.  Well over the revised October rate of 1.062 million units, it also exceeded the 1.007 million units in November last year by 16.5%.

More importantly for our industry, single-family home construction rates jumped as well.

See more on this encouraging economic data… [Read more…] about Good Economic Sign: November Housing Starts Shoot Up

Filed Under: Economic Trends, Industry Trends, News, Statistics Tagged With: Commerce Department, housing starts, residential construction

Builders Group Holds Mid-Year Construction Forecast Meeting; Economists Cautiously Optimistic

August 6, 2014 by Ted Leave a Comment

Mid-Year construction title slideThe Associated Builders and Contractors, Inc., (ABC) a builders trade association, held their third annual Mid-Year Construction Forecast presentation this week…inviting economists from three industry-related associations to present their outlook on the construction industry. This year, the invited economists included Kermit Baker (American Institute of Architects, AIA), David Crowe (National Association of Home Builders, NAHB), and their own Anirban Basu (ABC).

The economists this year were, overall, cautiously optimistic – with a heavy emphasis on caution.

See more on the presentations from the construction industry economists… [Read more…] about Builders Group Holds Mid-Year Construction Forecast Meeting; Economists Cautiously Optimistic

Filed Under: Associations, Economic Trends, Marketing, News, Statistics Tagged With: ABC, AIA, Anirban Basu, construction, David Crowe, housing, housing starts, Kermit Baker, NAHB, nonresidential construction, residential construction

A Major Housing Starts Surprise – Highest Level in 4 Years

November 20, 2012 by Ted Leave a Comment

Photo of home under constructionThe U.S.Commerce Department released new data today detailing an unexpected uptick in housing “starts” or the number of homes that had begun construction during the month of October. According to the report, starts in October increased to a seasonally adjusted annual rate (SAAR) of 894,000 units or 3.6 percent higher than the revised September level of 863,000.

See more on this results which were well above estimates, surprising economists… [Read more…] about A Major Housing Starts Surprise – Highest Level in 4 Years

Filed Under: Economic Trends, News, Research Tagged With: David Crowe, housing starts, NAHB, National Association of Home Builders, residential construction, single-family starts, starts

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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