Home Starts Rebound In December

Following a decline associated with unusually wet weather in November, housing starts bounced back in December, bringing single-family production to a record annual level in 2004. Furthermore, the backlog of unused permits rose in December, providing forward momentum for housing production starting off the new year.

Housing starts in December climbed 10.9 percent to a seasonally adjusted annual rate of 2.004 million, according to the Commerce Department’s monthly report on residential

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish