Housing Starts Rebound Sharply In October

The nation’s home builders wasted no time catching up on their work last month following wet weather conditions that kept many projects on hold in September, according to figures on U.S. housing starts released by the Commerce Department.

The government reported that starts rose 6.4 percent to a seasonally adjusted annual rate of 2.03 million units in October, more than offsetting the weather-related dip recorded in the previous month.

“This expected rebound virtually ensures

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