Housing Starts Dip 4% in November

Housing Starts Dip 4% in November

Privately-owned housing starts in November were at a seasonally adjusted annual rate of 861,000, 3% below the revised October estimate of 888,000, but 21.6% above the Nov. 2011 rate of 708,000, according to the Department of Commerce. Single-family housing starts in November were at a rate of 565,000, 4.1% below the revised October figure of 589,000. The November rate for units in buildings with five units or more was 285,000.

“The starts report for November reflects a readjustment to

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.

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