Housing: United States Essay

Submitted By mwarnerffrgm
Words: 829
Pages: 4
Open Document
Freedonia Focus Reports US Collection

Housing: United States
February 2013

Industry Overview Residential Construction Expenditures | Housing Starts

Housing Forecasts Market Environment | Residential Construction Expenditure Forecasts Housing Start Forecasts | Housing Sales and Starts by Region
FU ICK LL TO O R E RD P O ER R T

Industry Structure Industry Composition | Industry Leaders | Additional Companies Cites Resources www.freedoniafocus.com

C

L

BR

OC HU RE

Highlights

FU ICK LL TO O R E RD P O ER R T

C

L

Housing: United States

ABOUT THIS REPORT

Scope and Method
This report forecasts US residential construction expenditures, housing starts, new residential floor space, average floor space per new unit, and sales of existing housing. Residential construction expenditures are provided in US dollars and segmented by type in terms of: • • • new single (or single-family) units new multiple (or multifamily) units improvements.

Multiple-unit housing comprises townhouses, condominiums, and duplexes. Housing starts (in units), new residential floor space (in square feet), and average floor space per new unit (in square feet) are reported in terms of: • • • single-unit conventional housing multiple-unit conventional housing manufactured housing.

Housing starts count the date building foundations begins at a site, as well as placements of manufactured homes. Manufactured housing (factory-built housing assembled on a fixed chassis for transport) excludes modular and precut houses. Sales of existing houses and housing starts are reported in units and segmented by region as follows: Midwest, Northeast, South, and West. Existing housing refers to single-family, condominium, and co-op type housing. Total expenditures and the various segments are sized at five-year intervals for historical years 2007 and 2012 with a forecast to 2017. Forecasts emanate from the identification and analysis of pertinent statistical relationships and other historical trends/events as well as their expected progression/impact over the forecast period. Changes in quantities between reported years of a given total or segment are typically provided in terms of five-year compound annual growth rates (CAGRs). For the sake of brevity, forecasts are generally stated in smoothed CAGR-based descriptions to the forecast year, such as “demand is projected to rise 3.2% annually through 2016.” The result of any particular year over that period, however, may exhibit volatility and depart from a smoothed, long-term trend, as historical data typically illustrate. Key macroeconomic indicators are also provided at five-year intervals with CAGRs for the years corresponding to other reported figures. Other various topics, including profiles of pertinent leading suppliers, are covered in this report. A full outline of report
©

2013 by The Freedonia Group, Inc.

Housing: United States

items by page is available in the Table of Contents.

Sources
Housing: United States represents the synthesis and analysis of data from various primary, secondary, macroeconomic, and demographic sources including: • • • • • • • firms participating in the industry government/public agencies national, regional, and international non-governmental organizations trade associations and their publications the business and trade press The Freedonia Group Consensus Forecasts dated December 2012 and various indicators dated January 2013 the findings of other industry studies by The Freedonia Group.

Specific sources and additional resources are listed in the Resources section of this publication for reference and to facilitate further research.

Industry Codes
The topic of this report is related to the following industry codes:
NAICS/SCIAN 2007 North American Industry Classification System 236115 New Single-Family Housing Construction (except operative builders) New Multifamily Housing Construction (except operative builders) New Housing
Show More

Related Documents: Housing: United States Essay

Essay on Political: President of the United States and Housing Market

overwhelming miss handled financial loss in the housing market. Fannie Mae along with Freddie Mac has provided loans to Americans that was out of their means. Apply for loans through out the years was an easy task to handle, leaving a lot of Americans with loans that couldn’t be replayed The president speech was information on why the housing market is in a rout and how it can be fixed. Offering different types of programs and way to help the housing market to come to a balance is what President…

Words 602 - Pages 3

Essay on Truman: President of the United States and Open Public Housing

position of African Americans, he saw what was happening to the African American and he wanted to change this. Veterans come home from the war however instead of being praised for what they did, they still were discriminated, getting murdered. Local and state governments saw and just turned their backs to it. Truman saw the injustice and did not like what he saw; therefore the election in 1948 became a “Battle for life” and realized he needs the black vote. Truman published “To Secure These Rights” in…

Words 745 - Pages 3

Essay Homelessness Completed

homelessness in the United States Homelessness is a concerning problem with global proportions. A report to the United Nations stated, “There were 1.6 billion inadequately housed people across the world and an estimated 100 million who were completely homeless” (2005, para. 1) Despite some people's belief that homelessness is just an issue for developing countries, it is in fact a huge problem for developed countries as well. According to recent research of The U.S. Department of Housing and Urban Development…

Words 1142 - Pages 5

Essay on Fair Housing

Business Law I APPLIED RESEARCH Fair housing Laws A course paper presented to the School for Arts and Sciences and Distance Learning in partial fulfillment of the requirements for the degree of Baccalaureate Business Law I Park University September, 2006 You would think that today’s society would not discriminate against someone based on their race, color, or national origin. With the changes in lifestyle, people continue to discriminate against those, but also someone’s sexual orientation…

Words 2701 - Pages 11

Nickel And Dimed Summary

The United States Department of Labor should increase minimum wage as the current Fair Labor Standards Act (FLSA) limits affordable housing for low income families. In Nickel and Dimed Barbara Ehrenreich struggled to afford safe housing in each of the states that she spent time and worked in. As a result of her financial struggles in certain circumstances she found it necessary for her to take on multiple jobs. Fifteen years later, many families still in the United States are struggling with being…

Words 197 - Pages 1

Reasons To Adjust To Living In The US

How to Adjust to Living in the U.S Have you ever thought about moving to another country? What about the hardships like learning new languages,housing,how are you going to get help, or even how are you going to adjust to their living styles? It's not as easy as you think now is it? Immigrants have a lot of questions and hard times but they find a way to get over it. Immigrants should learn to speak english because it will help you out. First, It will help you out understanding the culture on how…

Words 515 - Pages 3

Homelessness In America

thousands of miles away, U.S. citizens are left to watch as statistics regarding homelessness rise exponentially. According to a source from the Global Giving organization, it would take approximately 20 billion U.S. dollars to end homelessness. Records state that in 2021, the defense budget was raised to 800.67 billion U.S. dollars (Macrotrends). That is enough money to solve the national homelessness crisis 40 times. If just $5 billion of this hefty budget were reallocated towards providing funds and…

Words 902 - Pages 4

Essay about Homlessness in Amerika

Homlessness In America The United States of America is often referred to as “the land of the free” or “the greatest country in the world.” But for people who actually live here and see tens of thousands of men, women, and children walking the streets everyday with no home to go to, it is hard to believe that people could even categorized this country with a name so impressive. I agree that homelessness is not a problem just of the United States it is one of the world and we must work together…

Words 1869 - Pages 8

The Stewart B Mckinney Homeless Assistance Act: a Policy Analysis Essay

Running head: MCKINNEY ACT The Stewart McKinney Homeless Assistance Act: A Policy Analysis Janelle Horton & Amy Lakin Cornerstone University Introduction Homelessness has always been a problem for the United States. Since its birth as a nation, there have consistently been individuals who find themselves without a place to live, looking for shelter with family, friends, or simply anywhere they can find it. These individuals have been targeted as candidates for social aid, but this was…

Words 4162 - Pages 17

Essay on Price elasticity

that have elastic demand a good example is housing. Even though everyone needs a place to live, there are many options townhouses, apartments, condos, or simple live with parents and friends. In 2006 demand for housing was based by low prices mortgages. The houses prices were high, but mortgages were lower, the interest’s rates set by the Federal Reserve were low. Therefore, houses’ demand increased. This was called housing bubble period. From 1991-2005 housing demand was from $264 billion - $586 billion…

Words 1252 - Pages 6