housing study

Press Releases

Housing market & trends in the woodworking industry

Construction-based markets continued their growth trends in 2016, as U.S. spending on single family housing, multi-family housing, and nonresidential construction all increased for the 5th straight year, and repair and remodeling increased for a 4th straight year (U.S. Census Bureau).  The total value of construction put in place in these four sectors was $877 billion in 2016.