Housing Starts Remain Strong in June

Housing Starts Remain Strong in June Builders broke ground on new housing units at a seasonally adjusted annual rate of 1.8 million units in June, up 3.7 percent from the previous month, the Commerce Department reported. Nationwide, single-family housing starts rose 5.3 percent in June to a seasonally adjusted annual rate of 1.46 million units. Multifamily housing decreased by 2.6 percent over a month ago. "Housing continues to do the heavy lifting in an otherwise sluggish economy," said K

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