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Decline in Multi-Family Starts Clouds Outlook but NAHB Sees Stablilzation in 2nd Quarter
The always volatile multi-family sector pushed nationwide housing starts down 10.8 percent in March as production of single-family homes remained unchanged, according to the U.S. Commerce Department. Overall starts fell to a seasonally adjusted annual rate of 510,000 units, due entirely to a 29 percent reduction on the multi-family side that largely offset a big gain in apartment and condo building in the previous month.
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Industry Calendar
April 26-29 EERA Annual Meeting: Asheville, N.C.; Electrical Equipment Representatives Association (EERA), 816-561-5323, www.eera.org
April 29-May 1 2009 Equity/EDN Annual Meeting: Dallas; Equity/EDN Electrical Associates; 800-373-1894, www.equityedn.org
May 3-4 Lightfair International: New York; AMC Inc.; 204-220-2004, www.lightfair.com
May 4-7 Windpower 2009 Chicago: American Wind Energy Association (AWEA); 202-383-2512
May 16-20 NAED National Electrical Leadership Summit: Fort Lauderdale, Fla.; NAED; 888-791-2512; www.naed.org
June 28-July 1 Women in Industry Forum: Santa Fe, N.M.; NAED; 888-791-2512; www.naed.org
July 30-August 1 NAED LEAD Conference: Orlando, Fla.; NAED; 888-791-2512; www.naed.org |
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