TITLE

Home construction drops more than expected

PUB. DATE
February 2009
SOURCE
Long Island Business News (7/1993 to 5/2009);2/20/2009, Vol. 56 Issue 9, p10A
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that home construction and applications dropped to record lows in January 2009 in Long Island, New York. According to the Commerce Department, the construction of new homes and apartments plunged 16.8% to a seasonally adjusted annual rate of 466,000 units. It also reports that applications for building permits dropped to a record low, falling 4.8%.
ACCESSION #
36912215

 

Related Articles

  • Housing Starts, Permits Grew in April. Vadum, Matthew // Bond Buyer;5/18/2005, Vol. 352 Issue 32135, p2 

    The article reports that groundbreaking for new U.S. home construction rose 11 percent in April 2005, while private housing permits rose 5.3 percent, according to Commerce Department data released yesterday. Private housing starts rose to 2.038 million in April, following a revised 1.836...

  • Building Up Anchorage. Steffens, Michelle // Alaska Business Monthly;Jul2009, Vol. 25 Issue 7, p79 

    The article reports on the values of residential permits in Anchorage, Alaska as of 2009. It notes that residential building permits in the region are required in the area and that permit approval is necessary for construction. It notes that the area experienced a general decline in total dollar...

  • Non-residential construction projects rebound.  // Infomat: A Weekly Review;06/08/2001, p4 

    Reports the increase in non-residential building construction projects and the decline in the residential sector in Canada in April 2001. Increase in intentions to build institutional buildings; Decline in the value of housing permits; Overview of the condition of the housing market.

  • Housing Starts Up, Permits Off in Sept. Newman, Emily // Bond Buyer;10/20/2003, Vol. 346 Issue 31743, p2 

    Reports on the increase of home construction in the U.S. Decrease in the issuance of private housing permits; Percentage of the revised loss; Decline in building permits.

  • County extends residential permit deadlines.  // Las Vegas Business Press (10712186);4/28/2008, Vol. 25 Issue 17, Special section p23 

    The article reports that a six-month building permit extension for construction of new single-family homes covering the period from April 3 to November 3, 2008 was approved by Clark County in Las Vegas, Nevada. The extension particularly applies to new residential construction or Group R-3...

  • Nonresidential market should improve in new year. Wood, Jim // Enterprise/Salt Lake City;1/3/2005, Vol. 34 Issue 28, p17 

    Presents information on the residential and non-residential construction industry in Utah in 2004. Increase in the value of permit-authorized construction; Growth in the number of new residential units receiving building permits; Demand for new single-family homes; Value of new nonresidential...

  • Busiest home building markets.  // Electrical Wholesaling;Jan1999, Vol. 80 Issue 1, p19 

    Lists the busiest building markets in the United States, ranked by total residential permits for the first nine months of 1998. Areas; Total number of residential permits; Change from the previous year.

  • Building permits hit the brakes.  // Infomat: A Weekly Review;10/10/2003, p5 

    Reports on the decline in building permits in the housing and non-residential sector in Canada in August 2003. Percentage decrease in the total value of permits issued; Drop of construction intentions for single and multi-family dwellings; Provinces not affected by the decline.

  • Utah construction values hit all-time high during first half.  // Enterprise/Salt Lake City;10/15/2001, Vol. 31 Issue 16, p6 

    Reports on the increasing value of construction activity in Utah. Strength in the residential sector; Number of permits issued for dwelling units; Percentage of total residential construction accounted to condominiums.

Share

Read the Article

Other Topics