Posts Tagged ‘ housing starts ’

YKK AP America Makes $125M Residential Investment

Aug 16th, 2022

YKK AP America Inc. is investing up to $125 million to expand its residential door and window offerings with a new manufacturing facility in Macon, Ga. President Oliver Stepe says the operational goal is to double the company’s capacity while setting a forward course for the decades to come. Macon has been the headquarters of […]

Private Residential Spending Inches Up in May

Jul 5th, 2022

A recent National Association of Homebuilders (NAHB) analysis of the Census Construction Spending data shows that private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $938.2 billion in May. That’s up 0.2% over the upwardly revised April estimates of $935.9 billion. On a year-over-year basis, total private construction spending was 19% […]

Construction Outlook: Regarding Labor, No Good News to be Found

Oct 18th, 2021

Annual predictions surrounding housing starts and remodeling activity always include a mix of good and bad news. Perhaps remodeling activity was strong, but housing starts were stagnant. Often, economists would point to the future, even a year or two out, and have some end in sight—a sign of hope. This year, when Kermit Baker, chief […]

January Shows Upswing in Construction; High Demand Offsets Higher Costs-For Now

Feb 22nd, 2021

A report issued last week from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau Housing showed that production softened in January as rising lumber prices continue to affect the housing industry. Overall housing starts decreased 6.0 percent to a seasonally adjusted annual rate of 1.58 million units. The January reading […]

Single-Family Starts Leveling Off at Strong Pace in November

Dec 18th, 2020

A report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau shows the number of single-family starts flattened in November with builders struggling to meet demand. Overall housing starts increased 1.2% to a seasonally adjusted annual rate of 1.55 million units, the number of housing units builders would begin if […]

Westcoast Dealers Lean on Financial Strength to Gain Markets

Feb 27th, 2020

According to year-end housing data, on a regional and year-to-date basis, combined single-family and multifamily housing starts were lower in the Midwest and West regions. While the West was hit the hardest, at -4.7%, data collected by [DWM] shows that some door and window dealers have landed strategies that more than make up for those […]

Solid Start to Housing Production in 2020

Feb 21st, 2020

U.S. Housing and Urban Development and Commerce Department reported a 3.6 percent decrease in total housing starts in January compared to an upwardly revised December reading. Those numbers lead to a seasonally adjusted annual rate of 1.57 million units, according to the report. Meanwhile, overall permits surged to a 13-year high. The January reading of […]

New Home Sales Trend Higher in November

Dec 27th, 2019

Sales of newly built, single-family homes increased 1.3% to a seasonally adjusted annual rate of 719,000 units in November, off a downwardly revised October reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the fourth consecutive month that sales topped 700,000. “Fueled […]

August Housing Starts Post Healthy Gains

Sep 19th, 2019

Total housing starts rose 12.3% in August primarily due to a surge in multifamily production, according to a report from the U.S. Housing and Urban Development and Commerce Department. This is the highest level since May 2007. “This solid report is in line with our latest survey on builder sentiment,” said Greg Ugalde, chairman of […]

July Single-Family Starts Rise While Multifamily Dive

Aug 16th, 2019

Total housing starts fell 4% in July from a downwardly revised reading in June, according to a report from the U.S. Housing and Urban Development (HUD) and Commerce Department. Due to a decline in multifamily production, the seasonally adjusted annual rate of 1.19 million units is the number of housing units builders would begin if […]