Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Single-Family Starts Ease in August
Sep 21, 2009
 Printable format
 Email this Article
 Search

Production of new single-family homes slowed in August, according to the U.S. Commerce Department. While overall housing starts rose 1.5% to a seasonally adjusted annual rate of 598,000 units for the month, single-family starts declined 3% to a rate of 479,000 units, ending what had been a five-month run of improvements.

A 3% decline in single-family housing starts for August essentially erased the previous month’s gain, bringing production back to a 479,000-unit annual rate. Single-family permits also edged downward in August, by two-tenths of a percent to a seasonally adjusted annual rate of 462,000 units, ending what had been a four-month run of gains. Meanwhile, multifamily housing starts, which tend to display greater volatility on a month-to-month basis, rose 25.3% from an extremely low level in the previous month, to a seasonally adjusted annual rate of 119,000. Multifamily permit issuance rose 16 percent from an all-time low in July, to a 117,000-unit rate.

Regionally speaking, combined single- and multifamily housing starts were mixed, with gains of 23.8% and 9% reported in the Northeast and Midwest, respectively, a 2.4% decline registered in the South, and no change reported in the West. Combined permits were also mixed, with gains of 14.3% and 7.2% recorded in the Northeast and South, respectively, and declines of 5.7% and 5.6% registered in the Midwest and West, respectively.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows