Midwest, Northeast: Steep Drops in February Housing Starts - Modern Distribution Management

Midwest, Northeast: Steep Drops in February Housing Starts

Building Permits
Privately-owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,532,000. This is 2.5 percent (& plusmn; 1.0%) below the revised January rate of 1,571,000 and is 28.6 percent (& plusmn; 1.1%) below the February 2006 estimate of 2,147,000.
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Single-family authorizations in February were at a rate of 1,089,000; this is 3.1 percent (& plusmn; 0.9%) below the January figure of 1,124,000. Authorizations of units in buildings with five units or more were at a rate of 372,000 in February.
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Housing Starts
Privately-owned housing starts in February were at a seasonally adjusted annual rate of 1,525,000. This is 9.0 percent (& plusmn; 10.2%) …

Building Permits
Privately-owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,532,000. This is 2.5 percent (& plusmn; 1.0%) below the revised January rate of 1,571,000 and is 28.6 percent (& plusmn; 1.1%) below the February 2006 estimate of 2,147,000.
&nbsp ;
Single-family authorizations in February were at a rate of 1,089,000; this is 3.1 percent (& plusmn; 0.9%) below the January figure of 1,124,000. Authorizations of units in buildings with five units or more were at a rate of 372,000 in February.
&nbsp ;
Housing Starts
Privately-owned housing starts in February were at a seasonally adjusted annual rate of 1,525,000. This is 9.0 percent (& plusmn; 10.2%) …

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