Tag Archives: Private residential construction

One economist noted that housing is “ helping the economy in recovering” from the recession with residential construction rebounding.

There’s a common preoccupation that keeps homeowners and government officials up at night, but what is it?

Privately funded construction dropped 0.5 percent from a seasonally adjusted annual rate of $697.6 billion in January from $700.9 billion in December. The monthly total, however, was 0.5 percent above the estimated $694.1 billion of construction put in place in January 2014.