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Single-family housing units under construction in United States: Rise in July 2018

Building under construction increased slightly by 2.57 percent compared with the prior month, according to adjusted numbers released by U.S. Census Bureau. The variable barely went up by 13.6 thousands, as it follows the tendency of the previous month when it rose by 1.05%. When considering 2017, it can be announced that the indicator was rising by 1.96 percent and hit 482.8 thousands in July. This demonstrates a 12.26% change between July 2017 and the same month one year later. The overall changes for the prior 49 years attained a growth of 55.03%. Furthermore, the building under construction is now smaller than its average which equals 551.83 thousands with a overall decline since the 1969. It reached its all-time high of 985 thousands in October 2005 and record low of 221.6 thousands in December 2011.

Single-family housing units under construction in United States: Rise in July 2018
Date Thousands Variation
Jul. 2018 542.00 2.57
Jun. 2018 528.40 1.05
May. 2018 522.90 2.87
Apr. 2018 508.30 4.46
Mar. 2018 486.60 1.91
Feb. 2018 477.50 0.27
Jan. 2018 476.20 -0.06
Dec. 2017 476.50 -4.81
Nov. 2017 500.60 0.12
Oct. 2017 500.00 0.38

Related Statistics

Buildings Under Construction 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