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

The 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 … Continue reading

Startling Jump in November Housing Starts; Are Happy Days Here Again?

Newly released data from the Commerce Department shows that housing starts took what many are characterizing as a startling jump in November – rising 23% overall above the October rate and almost 30% above the November 2012 rate. Analysts are … Continue reading

Residential Construction Rebound Getting More Convincing Based on December Data

The U.S. Census Bureau released residential construction data for the month of December and the results provide further – and perhaps more convincing – proof that the housing market is showing consistent signs of improvement. Some analysts even call this … Continue reading

Contrary to Other Housing Data, New Home Sales Decline in October

In a somewhat surprising reversal of fortune for the housing market, new data from the U.S. Department of Commerce shows that sales of new single family homes actually declined in October to a seasonally adjusted annual rate (SAAR) of 368,000 … Continue reading

A Major Housing Starts Surprise – Highest Level in 4 Years

The 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 … Continue reading

After Years of Free-Fall, Housing Finds a Solid Bottom It Can Build From

The U.S. Commerce Department released the latest data on new residential construction today and the results caught most off-guard as it was significantly better than expected with September overall housing starts increasing to 872,000 units – an amazing 15% over … Continue reading

After Climbing for 4 Months, Single-Family Housing Starts Drop in July

New residential construction data from the Commerce Department released today showed that single-family housing starts dropped in July to 502,000 units or 6.5% below June’s revised rate of 537,000 units. And while this figure is still a solid 17% over … Continue reading

June Housing Starts are Up Again, Is it Time for the ‘R’ Word Yet?

The Commerce Department released today new housing starts data for the month of June, and we may be close to using that long sought after “R” word – Recovery. Largely positive  – housing starts overall for June reached a seasonally … Continue reading

Builders’ Construction Forecast Event for Media Has Powerful Data & Surprises

On Tuesday, the Associated Builders and Contractors (ABC) held a webinar for the media called the 2012 Mid-Year Construction Forecast with presentations from some of the most powerful industry-related economists with fresh data and forecasts…and some surprises. See new construction … Continue reading

Housing Starts – Start of a New Trend?

The Commerce Department on Tuesday released the latest report on the residential construction market – a key economic indicator for the custom integration market – and…as you might suspect with this uneven recovery we are in…the data showed yet another … Continue reading