United States housing, fourth quarter 2014
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Res. Note FPL-RN-0352. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory. 1-20.
In the fourth quarter the U.S. housing markets improved incrementally from quarter three. Total permits, single-family starts, new house sales, and single-family spending all improved modestly quarter-over-quarter. The majority of sectors increased on a year-over-year basis as well; only multifamily starts decreased, albeit minimally. Viewed from a recent historical context, all housing construction subsectors exceeded the record lows recorded in the 2008 to 2011 time period.
KeywordsHousing permits starts under construction completions construction spending quarterly and annual construction averages nominal and inflation adjusted construction spending gross domestic product
Alderman, Delton. 2018. United States housing, fourth quarter 2014. Res. Note FPL-RN-0352. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory. 1-20.