Tag Archives: single-family residential construction

According to the findings, construction of 100 single-family homes pumps an average of $28.7 million in income into a typical local economy in the first year. This, the NAHB says, adds $3.6 million to local tax rolls while providing 394 new jobs. Annually recurring benefits after construction is completed, on average, generate $4.1 million in local income, $1 million in taxes, and 69 local jobs

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.