The Homebuilding Juggernaut Keeps on Rolling in U.S. and Canada

U.S. Housing Starts Stay Elevated

Construction activity in the United States is currently being sustained almost exclusively by residential work. Year to date through August, the put-in-place capital spending figures from the Census Bureau show the residential dollar volume to be +25.8% compared with Jan-Aug 2020 and nonresidential to be -6.7%. The grand total is +7.0%.

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