LC DBM Marketplace, December 2013
Plant Materials
Information Request # 211
Information Request # 269
Economic News
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Construction unemployment
fell to 9 percent in October
with the addition of
11,000 new jobs, the ffth
consecutive month of gains.
However, the number of
unemployed
construction
workers has declined by
712,000 over the past three
years while frms have
added just 323,000 new
jobs, indicating a signifcant
decline in the labor force.
Builder confdence in the
new single-family housing
market was unchanged
from a downwardly revised
October level of 54 in
November on the National
Association
of
Home
Builders/Wells Fargo Housing
Market Index (HMI), marking
the sixth consecutive month
that more builders have
viewed market conditions as
more good than poor.
Information Request # 244
National Homeownership Remains at 18-Year Low
The national homeownership rate, seasonally adjusted, was
65.1 percent in the third quarter, unchanged from the second
quarter and perpetuating the
lowest rate since the last
three months of 1995,
according to Census
Bureau data.
Homeownership
fell from a 65.3
percent rate in the
third quarter of
last year. The rate
peaked during
the housing boom
at 69.4 percent,
seasonally adjusted,
in the second quarter
of 2004, and has been
declining steadily since
mid-2006.
Information Request # 210
Information Request # 205
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