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Electrical Market Data

Housing Starts Increase +5.7% in April

On a month-to-month basis, last month's housing data looked solid, but the year-over-year numbers are still lagging.

Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,235,000, +5.7% above the revised March estimate of 1,168,000 but -2.5% percent below the April 2018 rate of 1,267,000.  According to the U.S. Census Bureau, single-family housing starts in April were at a rate of 854,000, +6.2% above the revised March figure of 804,000.

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