{"id":116823,"date":"2005-11-29T15:58:00","date_gmt":"2005-11-29T20:58:00","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/october-housing-construction-trends-report-released-by-forefront-economics-inc\/"},"modified":"2005-11-29T15:58:00","modified_gmt":"2005-11-29T20:58:00","slug":"october-housing-construction-trends-report-released-by-forefront-economics-inc","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/october-housing-construction-trends-report-released-by-forefront-economics-inc\/","title":{"rendered":"October Housing Construction Trends Report Released by Forefront Economics Inc."},"content":{"rendered":"

NEWS SOURCE: Forefront Economics Inc.<\/strong><\/p>\n

BEAVERTON, OR (SEND2PRESS NEWSWIRE) — Forefront Economics Inc., publisher of the Housing Construction Trends Report, released their analysis of trends in residential units permitted for construction through October today. “Pockets of weakness observed last month in the underlying trend in housing units permitted for construction have spread to now include several areas,” said Mark Thompson, President of Forefront Economics Inc. <\/p>\n

“Our analysis shows that permits for single family construction are trending higher in the South, but are flat in the Northeast and West and falling in the Midwest. Just last month, three of the four Census Regions were trending higher in single family construction permits. This month’s data provide another indication that single family residential construction has reached a seasonally adjusted peak and may now be trending lower. If so, single family permits will join multifamily construction in what is a predominately negative trend. All Regions now show a clearly falling trend in multifamily units permitted for construction.”<\/p>\n

Forefront Economics uses statistical algorithms to assess the strength and direction of trends in units permitted for construction down to the county level. This analysis is reported in their monthly Housing Construction Trends Report along with comparisons to the previous year and seasonally adjusted levels. Readers can use this information to spot the peaks and troughs in construction trends easier and earlier than simply looking at actual or seasonally adjusted values. Trends reported and discussed are adjusted for normal seasonality and irregular shocks allowing a clearer picture of the underlying trend.<\/p>\n

Forefront Economics Inc. also released state trends for single family and multifamily units permitted for construction. State reports are available at .<\/p>\n

Trends by State, Single and Multifamily Units Permitted for Construction Classification of trend is based on the Forefront Economics Trend Index (FETI)
<\/p>\n

 State\t\t\tSingle Family\t\tMultifamily Alabama\t\t\tModerately Positive\tModerately Negative Alaska\t\t\tFlat\t\t\tStrongly Negative Arizona\t\t\tFlat\t\t\tStrongly Positive Arkansas\t\tFlat\t\t\tStrongly Positive California\t\tModerately Negative\tStrongly Negative Colorado\t\tFlat\t\t\tStrongly Negative Connecticut\t\tStrongly Negative\tModerately Negative Delaware\t\tModerately Negative\tFlat District of Columbia\tFlat\t\t\tStrongly Negative Florida\t\t\tFlat\t\t\tFlat Georgia\t\t\tModerately Positive\tFlat Hawaii\t\t\tStrongly Positive\tModerately Positive Idaho\t\t\tModerately Negative\tStrongly Negative Illinois\t\tStrongly Negative\tFlat Indiana\t\t\tModerately Positive\tStrongly Positive Iowa\t\t\tStrongly Positive\tFlat Kansas\t\t\tStrongly Positive\tStrongly Negative Kentucky\t\tStrongly Negative\tStrongly Negative Louisiana\t\tModerately Negative\tFlat Maine\t\t\tModerately Negative\tModerately Positive Maryland\t\tModerately Negative\tStrongly Negative Massachusetts\t\tFlat\t\t\tFlat Michigan\t\tModerately Negative\tStrongly Negative Minnesota\t\tFlat\t\t\tStrongly Negative Mississippi\t\tFlat\t\t\tFlat Missouri\t\tModerately Negative\tStrongly Negative Montana\t\t\tFlat\t\t\tStrongly Negative Nebraska\t\tStrongly Positive\tFlat Nevada\t\t\tStrongly Positive\tFlat New Hampshire\t\tModerately Negative\tStrongly Positive New Jersey\t\tStrongly Negative\tModerately Negative New Mexico\t\tFlat\t\t\tStrongly Positive New York\t\tFlat\t\t\tStrongly Negative North Carolina\t\tModerately Positive\tModerately Negative North Dakota\t\tFlat\t\t\tFlat Ohio\t\t\tFlat\t\t\tFlat Oklahoma\t\tStrongly Positive\tStrongly Negative Oregon\t\t\tModerately Negative\tStrongly Positive Pennsylvania\t\tStrongly Positive\tModerately Negative Rhode Island\t\tStrongly Negative\tModerately Negative South Carolina\t\tStrongly Positive\tFlat South Dakota\t\tFlat\t\t\tModerately Negative Tennessee\t\tFlat\t\t\tStrongly Negative Texas\t\t\tStrongly Positive\tFlat Utah\t\t\tFlat\t\t\tFlat Vermont\t\t\tStrongly Negative\tStrongly Positive Virginia\t\tStrongly Negative\tModerately Positive Washington\t\tStrongly Positive\tStrongly Negative West Virginia\t\tStrongly Negative\tStrongly Negative Wisconsin\t\tModerately Negative\tStrongly Positive Wyoming\t\t\tModerately Positive\tStrongly Positive <\/pre>\n
<\/span><\/p>\n
 Forefront Economics Inc. has been providing professional consulting services to clients for 12 years, specializing in quantitative market analysis, reporting, statistical analysis, and econometric modeling and forecasting. Consulting services offered by Forefront Economics are designed to help clients make greater use of their operating and customer information to gain competitive advantage. Forefront Economics offers a unique combination of traditional and state-of-the-art analytical tools to help clients gain insights from data. <\/p>\n
 More information: housingtrends.forecon.com<\/p>\n
News issued by: Forefront Economics Inc.<\/p>\n
 # # # <\/p>\n
Original Story ID:  (1053) :: 2005-11-1129-005<\/small><\/p>\n
Original Keywords: Housing Construction Trends Report, Forefront Economics Inc., trends in residential units permitted for construction, trends for single family and multifamily units permitted for construction Forefront Economics Inc.   <\/small><\/p>\n
NEWS SOURCE: Forefront Economics Inc.<\/strong> | Published: 2005-11-29 15:58:00<\/p>\n","protected":false},"excerpt":{"rendered":"
BEAVERTON, OR – Nov. 29 (SEND2PRESS NEWSWIRE) — Forefront Economics Inc., publisher of the Housing Construction Trends Report, released their analysis of trends in residential units permitted for construction through October today. ‘Pockets of weakness observed last month in the underlying trend in housing units permitted for construction have spread to now include several areas,’ said Mark Thompson, President of Forefront Economics Inc.<\/p>\n","protected":false},"author":9780,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"singles-wide.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19937],"tags":[],"class_list":["post-116823","post","type-post","status-publish","format-standard","hentry","category-press-releases-archive","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":483,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/116823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/9780"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=116823"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/116823\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=116823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=116823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=116823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}