What is it?

The number of new houses (in thousands) begun for construction in a month. The number is seasonally adjusted and organized into regions of the U.S.

Who is interested?

Analysts, High level executives, owner operators

What does it tell me?

Housing starts are considered a key indicator of the economy as it has ties to manufacturing, banking, construction, raw materials, and obviously real estate. In a good economy people are more likely to purchase a new home. Conversely in a weak economy they are less likely to purchase a new home. The numbers are smoothed for seasonality as weather has a significant impact on construction.

Example: A user wants to see total housing starts in the south for the most recent month. The user would type HOUS.RST.

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