MENU
SEARCHU.S. housing starts in July jumped 5.9% in July from the month before due to strength in volatile multifamily construction.
Overall home starts in July increased despite a drop in single-family units.
U.S. housing starts in July jumped 5.9% in July from the month before due to strength in volatile multifamily construction.
The Commerce Department reports the overall annual rate increased to 896,000 following an upwardly revised June rate of 846,000.
Single-family home starts fell 2.2% from June to its lowest rate since last November while multifamily unit starts increased 26%. For the year to date, single-family home starts are up 24% from the level from the same time in 2012.
In July, housing starts made their biggest jump in the Northeast, up 40.2% from June, 25.4% in the Midwest and 7.2% in the West. It fell 7% in the South.
Also, an indicator of future building activity, new building permits issued in July, increased 2.7% in July from June for an annual rate of 943,000. Permits in July were up all four regions of the U.S., led by a 7.1% jump in the West. Permits were up 2.8% in the Midwest, 1.1% in the South and 1% in the Northeast.
The news follows a report Thursday from the National Association of Homebuilders that homebuilder confidence in the residential construction market was the best in almost eight-years.
While consumer are no doubt more drawn to the housing market than they have been in recent years, the latest snapshot of how they feel about the economy is not as good this month as it was in July
Consumer confidence fell this month after hitting a six-year high in July. The Thomson Reuters/University of Michigan index of consumer sentiment fell to 80 from 85.1 in July, which was the highest since July 2007. The median projection of economists surveyed by Bloomberg called for little change but the decline this month was the biggest since December.
How a former commercial vehicle enforcement officer turned director of safety at K&B Transportation is embracing real-world safety technology.
Read More →
When the unexpected happens, how you react to, and deal with operational blind spots is critical. Here’s how to keep you recovery on track, when nothing is normal.
Read More →
As fleets adopt artificial intelligence for routing, maintenance, and load matching, new security risks are emerging. Learn where the vulnerabilities are and how to put the right controls in place.
Read More →
The long-awaited registration system promises a single portal — and tighter fraud controls.
Read More →
CargoNet reports fewer supply chain crime events to start 2026. But losses hold steady as organized crime shifts tactics toward impersonation schemes and high-value goods.
Read More →
Heavy Duty Trucking is searching for forward-looking leaders at trucking fleets as nominations for HDT’s Truck Fleet Innovators 2026. Deadline is May 15.
Read More →
Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.
Read More →
A modest sequential increase capped the strongest quarterly performance in years, signaling continued freight momentum in early 2026.
Read More →
More than 300 carriers across 26 states have been sent to collections as the Ohio Turnpike cracks down on toll evasion and delinquent payments.
Read More →
The American Transportation Research Institute will examine driver coaching, regulatory impacts — including the "Beyond Compliance" concept —and weather disruptions that shape trucking operations.
Read More →
