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You are here: Home / Archives for Commerce Department

Commerce Department

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

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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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