The economists gathered last week for the National Association of Home Builders' (NAHB's) semi-annual Construction Forecast Conference in Washington, D.C., predicted significant improvement beginning in the year's second half.
Nearly every panelist agreed that housing construction in 2003 will likely equal or even slightly surpass last year's 1.7 million units, with single-family activity remaining especially strong and multifamily production receding only slightly.
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.