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Monday, January 14, 2013

2013 Bright Spot : Residential Construction

Residential as the Bright Spot: Cycles Matter

Residential construction remains the economy’s bright spot.
Single-family housing starts are expected to rise 27 percent this
year and multifamily starts should rise near 30 percent. The
rebound in single-family construction comes from severely
depressed levels and will provide only a modest direct boost to
overall growth. Homebuilding has considerable knock-on effects,
however, and gains in single-family starts will clearly help
retailers, financial services, building products manufacturers and
commercial development.
Government spending is still

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