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Housing units completed in United States drops in July 2018

U.S. Census Bureau reported that the variable went down by 7% compared with the previous month. Housing completion fell by 7.6 thousands, in comparison to the prior month when it grew by 2.65%. When considering the previous year, it can be diagnosed that the indicator was falling by -7.01% and hit 102.2 thousands in July. This highlights a -1.27 percent change between July 2017 and July of the year after. The overall changes for the previous 50 years attained a rise of 14.53%. In comparison with its average, the housing completion is now lower as the mean equals 116.96 thousands with a overall diminution since the start of time series. It reached its all-time high of 202.1 thousands in June 1973 and record low of 35 thousands in January 2011.

Housing units completed in United States drops in July 2018
Date Thousands Variation
Jul. 2018 100.90 -7
Jun. 2018 108.50 2.65
May. 2018 105.70 11.62
Apr. 2018 94.70 -0.21
Mar. 2018 94.90 7.11
Feb. 2018 88.60 5.48
Jan. 2018 84.00 -25.93
Dec. 2017 113.40 19.24
Nov. 2017 95.10 -11.04
Oct. 2017 106.90 11.12

Related Statistics

Construction Completions in other Countries

Main Construction Indicators

  • Building Permits

    Number of issued building permits, it is an indicator of the construction sector's growth. A building permit is an authorisation to start work on a building project. As such, a permit is the final stage of planning and building authorisations from public authorities, prior to the start of work. Based on: Eurostat.

  • Construction Completions

    Number of new privately owned housing units completed. Is is an indicator of construction work actually completed within a given period of time or at a particular point in time. Based on: Organisation for Economic Co-operation and Development.

  • Construction GDP

    Value of output of the construction industry less the value of intermediate consumption (intermediate inputs) used in this industry. It can be expressed in millions or billions of national currency, or in percentage of GDP. Based on: Organisation for Economic Co-operation and Development.

  • Construction Output

    Measure of the production in the construction industry.

  • Construction Spending

    Value of total spending in the construction industry, usually expressed in millions billions of national currency. It includes the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction and contractor's profts. Based on: US Census Bureau.

  • Construction Starts

    Number of new buildings on which construction has been started in a given period. Start of a construction occurs when excavation begins for the footings or foundation of a building. Based on: U.S. Census Bureau.

  • Buildings Under Construction

    Number of buildings in a state of construction (up until they receive their certificate of occupancy), at a given date in a country.

  • Building Materials Import

  • Building Materials Export