The U.S. Census Dept. reported that privately-owned housing starts in December were at a seasonally adjusted annual rate of 529,000, 4.3 percent below the revised November estimate of 553,000 and 8.2 percent below the December 2009 rate of 576,000. Single-family housing starts in December were at a rate of 417,000; nine percent below the revised November figure of 458,000. The December rate for buildings with five units or more was 102,000.
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.