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Single-family housing units started in United States: Decline in July 2018

Compared to the previous month housing starts negligibly decreased by 2.5 percent, new numbers from U.S. Census Bureau reveal. Housing starts declined barely from 83.9 thousands to 81.8 thousands, as it follows the tendency of the prior month when it diminished by 5.41 percent. One year earlier, this variation reached -5.25 percent and the indicator hit 79.4 thousands in July of the year before. When examining the year-on-year situation, a 3.02 percent raise can be reported between July 2017 and July 2018. The overall changes for the previous 59 years attained an increase of 8.06%. Furthermore, the housing starts is now below average of 84.81 thousands with a overall fall since the start of time series. It reached its all-time high of 170.4 thousands in May 2005 and record low of 22.7 thousands in January 2009.

Single-family housing units started in United States: Decline in July 2018
Date Thousands Variation
Jul. 2018 81.80 -2.5
Jun. 2018 83.90 -5.41
May. 2018 88.70 4.23
Apr. 2018 85.10 17.38
Mar. 2018 72.50 16.19
Feb. 2018 62.40 4.17
Jan. 2018 59.90 8.71
Dec. 2017 55.10 -20.26
Nov. 2017 69.10 -8.72
Oct. 2017 75.70 4.41

Related Statistics

Construction Starts 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