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January Construction Statistics

Published on February 23, 2010 by in News

constructionnews January Construction Statistics

 

Here are the figures for the month of January 2010. Let’s put our tools to use and build, build, and build!!

Feb 17 Building Permits - The number of building permits issued in January fell from December to a seasonally adjusted annual rate of 621,000. Permits are still up 16.9% year-over-year. While multi-family building permits plummeted 26%, single-family permits were up 0.4% during the month.

Housing Starts – Construction of new homes climbed to an annual rate of 591,000 during January, up 21.1% from a year ago. The rise was attributed to decreased new home supply. Export and Import Prices – Import prices increased in January by 1.4%, largely due to higher fuel prices. Prices for non-fuel imports rose 0.4% for the month. Export prices rose 0.8% in January following a 0.6% rise in December.

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