December 2020 Residential Building Growth Improves
December 2020 Residential Building Growth Improves Headline residential building permits improved and construction completions also improved. The rolling averages improved for permits but worsened for construction completions. Analyst Opinion of Residential Building We seem to be seeing and bad month, followed by a good month, and then another bad month. The backward revisions this month were small. It is always difficult to understand the trends as the backward revisions sometimes reverse trends month-to-month. The nature of this industry normally has large variations from month-to-month (mo...