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

U.S. Housing Production at 999,000 Units in December
Jan 30, 2014
 Printable format
 Email this Article
 Search

U.S. housing starts ended 2013 at a seasonally adjusted annual rate of 999,000 units in December, according to U.S. Census Bureau. This was down from November, when the rate was quite high, but was still the third-highest monthly production level of the year.

“This rate is in line with our builder surveys, and tells us we are seeing a return to trend after a strong November,” said Rick Judson, chairman of the National Association of Home Builders (NAHB) and a homebuilder from Charlotte, NC.

“Last year was a good year for home building, with overall production up 18% from 2012,” said NAHB Chief Economist David Crowe. “As pent-up demand is unlocked and the labor market improves, we anticipate that 2014 should be an even better year for home construction. That’s good news for economic growth, as each new home that is built creates three full-time jobs and contributes to the tax base of local communities.”

Single-family housing starts fell 7% to a seasonally adjusted annual rate of 667,000 units in December. It was the highest monthly total for single-family starts in 2013 with the exception of November. Multifamily starts were down 17.9% to 312,000 units in December.

Back to Daily News

 

Daily News

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

Aug 21, 2014: Miele Annual Sales Up 2.2%

Aug 21, 2014: TTI Reports Record Sales

Aug 21, 2014: Stihl Annual Cycling Event Raises $539,000 So Far in 2014

Aug 21, 2014: Canadian Housing Starts Expected to Edge Down

Aug 21, 2014: Panasonic Releases 2014 Sustainability Report

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows