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Housing units started in United States: Decrease in July 2018

The indicator decreased hardly by 0.18% compared with the previous month, adjusted statistics from U.S. Census Bureau illustrate. The variable slightly fell by 0.2 thousands, as it follows the tendency of the prior month when it dropped by 10.59 percent. When examining the previous year, it can be announced that the indicator was declining by -3.44% and attained 112.3 thousands in July. In brief, the variable was -1.69 percent lower in July 2017 than in July 2018. United States saw a raise of 14.76% in housing starts over the past 59 years. Likewise, the housing starts is now lower than its average which equals 119.44 thousands with a overall decrease since the start of time series. It reached its all-time high of 234 thousands in May 1973 and record low of 31.9 thousands in January 2009.

Housing units started in United States: Decrease in July 2018
Date Thousands Variation
Jul. 2018 110.40 -0.18
Jun. 2018 110.60 -10.59
May. 2018 123.70 5.28
Apr. 2018 117.50 9.61
Mar. 2018 107.20 19.51
Feb. 2018 89.70 -2.07
Jan. 2018 91.60 12.53
Dec. 2017 81.40 -16.85
Nov. 2017 97.90 -10.68
Oct. 2017 109.60 4.98

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