ID

ANR-232NP

Authors as Published

Urs Buehlmann Department of Sustainable Biomaterials College of Natural Resources & Environment Virginia Tech; Delton Alderman Forest Products Marketing Unit Forest Products Laboratory U.S. Forest Service 

JPG-The Virginia Tech –U.S. Forest ServiceSeptember 2016 Housing Commentary: Section I

This publication is available in a PDF file format only.

In September, aggregate monthly housing data, based on a month-over-month comparison, were decidedly positive. Only housing starts and completions, were negative on a month-over-month and year-over-year basis. New single-family sales have edged lower for the past two-months. In the expenditures category, private new single-family spending increased for the first time since March; though keep in mind this was reported on a nominal basis. The November 9th Atlanta Fed GDPNow™ model projects residential investment spending, in Q4, to decrease at a -4.9 percent seasonally adjusted annual rate1. Regionally, data were mixed across all sectors.


Virginia Cooperative Extension materials are available for public use, reprint, or citation without further permission, provided the use includes credit to the author and to Virginia Cooperative Extension, Virginia Tech, and Virginia State University.

Issued in furtherance of Cooperative Extension work, Virginia Polytechnic Institute and State University, Virginia State University, and the U.S. Department of Agriculture cooperating. Edwin J. Jones, Director, Virginia Cooperative Extension, Virginia Tech, Blacksburg; M. Ray McKinnie, Administrator, 1890 Extension Program, Virginia State University, Petersburg.

Publication Date

November 17, 2016