Construction

Number of Housing Starts Down in February

The number of new residential construction projects begun in the U.S. declined by 8.7 percent between January and February.

By Staff March 28, 2019

Image: Pixabay

The number of new residential construction projects begun in the U.S. declined by 8.7 percent between January and February, and the February number was 9.9 percent below the figure from a year prior, according to new statistics published by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Starts dropped in the West (38.3 percent) and the Northeast (25.8 percent), while rising in the South (7.8 percent) and the Midwest (4.5 percent).

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