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Industry - Monthly Industry Briefings - Construction

Publisher Oxford Economics
Published Apr 05, 2022
Length 2 Pages
SKU # OFE17072484

Description

Industry - Monthly Industry Briefings - Construction

US housing starts recovered in February, expanding by 6.8% on the month after a contraction of 5.5% in January. The multi-unit segment expanded 9.3%, with 2–4-unit structures growing by 430% on the month in February. Meanwhile, the single-unit segment saw growth of 5.7%. In February, total construction put-in-place grew by 11.2% on the year, with stronger performance in the residential sector than in the non-residential sector.

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2 Pages
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