PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Free Download of

Paint and Coatings Industry News

Main News Page


Economic Pulse: Housing Starts Rise in January

Wednesday, February 17, 2010

Comment | More

U.S. housing starts rose 2.8% in January from the prior month to a seasonally adjusted annual rate of 591,000, compared to December’s revised annual rate of 575,000, the Commerce Department reported. January’s rate was a strong 21.1% above the pace of January 2009, but remains well below peak activity levels reached in 2005 and 2006.

Single-family housing starts in January rose a modest 1.5% from December’s revised estimate, to an annual rate of 484,000. January’s rate was 36% higher than January of 2009. Multifamily-housing starts in January rose 18% from December, to an annual rate of 100,000, but were 15% below the annual rate for January 2009.

Applications for building permits, a gauge of future homebuilding activity, declined 4.9% to an annual rate of 621,000. The retreat followed two months of sharp increases.

Regionally, housing starts in January rose 10% in the Northeast, 1% in the South, and 9% in the West compared to December, while starts declined 3% in the Midwest. But housing starts rose sharply in all regions except the West compared to January 2009—by 74% in the Northeast, 57% in the Midwest, and 23% in the South. Housing starts in the West declined 12% in January compared to 2009.

While the housing segment has gained strength in recent months, the industry’s recovery could take a hit if the government’s tax-credit program for home buyers is not extended past its scheduled expiration at the end of April.

   

Tagged categories: Construction; Housing

Comment Join the Conversation:

Sign in to our community to add your comments.

LS Industries
LS Blasters: Optimum Steel Cleaning Efficiency

Simplify surface prep with the precise shot control of LS Blasters. Our blast technology delivers optimum coverage and finish. 800-533-8008


CS Unitec
Surface Prep Tools for Hazardous Conditions

CS Unitec's Trelawny™
line of surface prep tools
is safe and efficient for
use in marine & protective coatings applications including Ex Zones & Hot Work Zones.


Safety Lamp of Houston, Inc.
Wet & hazardous area lighting solutions from SAFETY LAMP of Houston

New WOLF LED and fluorescent lights are now available, including low voltage tank lighting kits.
Call: (281) 964-1019.


Bullard

The Next Generation
of Blasting

• Lightest
• Coolest
• Most Comfortable
• Most Dependable


Graco Inc.
Learn more and sign-up for a Free Demo

The XForce HD Cordless Airless Sprayer is designed for spot repair, small jobs and touch-up. Easily sprays the toughest protective and marine coatings.


ITW Binks
Built for Tough Jobs

From Epoxies to Urethanes to other high solid coatings, the new Binks Airless 75 delivers a great finish using an ergonomic design. Visit binks.com for more information.


PreTox Products - NexTec, Inc.
GOT LEAD? Specify Pretox System products

The ONLY Lead Stabilizer Compatible with All Paint Removal Methods. Works with all Blast Media: Grits | Recyclable Abrasives | CO2 | Water | Power Tools | Etc. Call Dave Steffen at 800.338.8296.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com