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



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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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