[Economic Report of the President (1996)]
[Administration of William J. Clinton]
[Online through the Government Publishing Office, www.gpo.gov]

[DOCID: f:erp_b52._]
Economic Report of the President - - - - - - - - - - - - H. Doc. 104-161
[From the online service of the U.S. Government Printing Office]
[wais.access.gpo.gov]


Table B-52.--New housing units started and authorized, 1959-95
[Thousands of units]
--------------------------------------------------------------------------------------------------------------------------------------------------------
New housing units started                   New private housing units authorized
-----------------------------------------------------------                   \2\
Private and          Private (farm and nonfarm)\1\    ---------------------------------------
public\1\      --------------------------------------                 Type of structure
Year or month                     ---------------------                Type of structure                ----------------------------
----------------------------
Total                Total                      5 units    Total                2 to 4  5 units
(farm and   Nonfarm             1 unit    2 to 4     or                 1 unit    units      or
nonfarm)                                 units     more                                    more
--------------------------------------------------------------------------------------------------------------------------------------------------------
1959.................................................    1,553.7   1,531.3   1,517.0   1,234.0
(1)282.9                                                 1,208.3     938.3      77.1     192.9

1960.................................................    1,296.1   1,274.0   1,252.2     994.7
(1)257.5                                                   998.0     746.1      64.6     187.4
1961.................................................    1,365.0   1,336.8   1,313.0     974.3
(1)338.7                                                 1,064.2     722.8      67.6     273.8
1962.................................................    1,492.5   1,468.7   1,462.9     991.4
(1)471.5                                                 1,186.6     716.2      87.1     383.3
1963.................................................    1,634.9   1,614.8   1,603.2   1,012.4
(1)590.7                                                 1,334.7     750.2     118.9     465.6
1964.................................................    1,561.0   1,534.0   1,528.8     970.5    108.4    450.0    1,285.8      720.1    100.8    464.9

1965.................................................    1,509.7   1,487.5   1,472.8     963.7     86.6    422.5    1,239.8      709.9     84.8    445.1
1966.................................................    1,195.8   1,172.8   1,164.9     778.6     61.1    325.1      971.9      563.2     61.0    347.7
1967.................................................    1,321.9   1,298.8   1,291.6     843.9     71.6    376.1    1,141.0      650.6     73.0    417.5
1968.................................................    1,545.4   1,521.4   1,507.6     899.4     80.9    527.3    1,353.4      694.7     84.3    574.4
1969.................................................    1,499.5   1,482.3   1,466.8     810.6     85.0    571.2    1,323.7      625.9     85.2    612.7

1970.................................................    1,469.0     (\3\)   1,433.6     812.9     84.8    535.9    1,351.5      646.8     88.1    616.7
1971.................................................    2,084.5     (\3\)   2,052.2   1,151.0    120.3    780.9    1,924.6      906.1    132.9    885.7
1972.................................................    2,378.5     (\3\)   2,356.6   1,309.2    141.3    906.2    2,218.9    1,033.1    148.6  1,037.2
1973.................................................    2,057.5     (\3\)   2,045.3   1,132.0    118.3    795.0    1,819.5      882.1    117.0    820.5
1974.................................................    1,352.5     (\3\)   1,337.7     888.1     68.1    381.6    1,074.4      643.8     64.3    366.2

1975.................................................    1,171.4     (\3\)   1,160.4     892.2     64.0    204.3      939.2      675.5     63.9    199.8
1976.................................................    1,547.6     (\3\)   1,537.5   1,162.4     85.9    289.2    1,296.2      893.6     93.1    309.5
1977.................................................    2,001.7     (\3\)   1,987.1   1,450.9    121.7    414.4    1,690.0    1,126.1    121.3    442.7
1978.................................................    2,036.1     (\3\)   2,020.3   1,433.3    125.0    462.0    1,800.5    1,182.6    130.6    487.3
1979.................................................    1,760.0     (\3\)   1,745.1   1,194.1    122.0    429.0    1,551.8      981.5    125.4    444.8

1980.................................................    1,312.6     (\3\)   1,292.2     852.2    109.5    330.5    1,190.6      710.4    114.5    365.7
1981.................................................    1,100.3     (\3\)   1,084.2     705.4     91.1    287.7      985.5      564.3    101.8    319.4
1982.................................................    1,072.1     (\3\)   1,062.2     662.6     80.0    319.6    1,000.5      546.4     88.3    365.8
1983.................................................    1,712.5     (\3\)   1,703.0   1,067.6    113.5    522.0    1,605.2      901.5    133.6    570.1
1984.................................................    1,755.8     (\3\)   1,749.5   1,084.2    121.4    544.0    1,681.8      922.4    142.6    616.8

1985.................................................    1,745.0     (\3\)   1,741.8   1,072.4     93.4    576.1    1,733.3      956.6    120.1    656.6
1986.................................................    1,807.1     (\3\)   1,805.4   1,179.4     84.0    542.0    1,769.4    1,077.6    108.4    583.5
1987.................................................    1,622.7     (\3\)   1,620.5   1,146.4     65.3    408.7    1,534.8    1,024.4     89.3    421.1
1988.................................................      (\4\)     (\3\)   1,488.1   1,081.3     58.8    348.0    1,455.6      993.8     75.7    386.1
1989.................................................      (\4\)     (\3\)   1,376.1   1,003.3     55.2    317.6    1,338.4      931.7     67.0    339.8

1990.................................................      (\4\)     (\3\)   1,192.7     894.8     37.5    260.4    1,110.8      793.9     54.3    262.6
1991.................................................      (\4\)     (\3\)   1,013.9     840.4     35.6    137.9      948.8      753.5     43.1    152.1
1992.................................................      (\4\)     (\3\)   1,199.7   1,029.9     30.7    139.0    1,094.9      910.7     45.8    138.4
1993.................................................      (\4\)     (\3\)   1,287.6   1,125.7     29.4    132.6    1,199.1      986.5     52.3    160.2
1994 ................................................      (\4\)     (\3\)   1,457.0   1,198.4     35.0    223.5    1,371.6    1,068.5     62.2    241.0
-----------------------------------------------------------------------------


(7)Seasonally adjusted annual rates

-----------------------------------------------------------------------------
1994: Jan............................................      (\4\)     (\3\)     1,266     1,122       23      121      1,386      1,113       68      205
Feb............................................      (\4\)     (\3\)     1,318     1,112       32      174      1,271      1,063       56      152
Mar............................................      (\4\)     (\3\)     1,499     1,259       30      210      1,335      1,074       61      200
Apr............................................      (\4\)     (\3\)     1,463     1,209       31      223      1,375      1,067       61      247
May............................................      (\4\)     (\3\)     1,489     1,197       36      256      1,377      1,101       65      211
June...........................................      (\4\)     (\3\)     1,370     1,174       18      178      1,350      1,062       60      228

July...........................................      (\4\)     (\3\)     1,440     1,219       32      189      1,347      1,049       61      237
Aug............................................      (\4\)     (\3\)     1,463     1,174       40      249      1,386      1,063       59      264
Sept...........................................      (\4\)     (\3\)     1,511     1,235       42      234      1,426      1,066       61      299
Oct............................................      (\4\)     (\3\)     1,451     1,164       39      248      1,401      1,046       69      286
Nov............................................      (\4\)     (\3\)     1,536     1,186       62      288      1,358      1,025       68      265
Dec............................................      (\4\)     (\3\)     1,545     1,250       33      262      1,420      1,105       61      254

1995: Jan............................................      (\4\)     (\3\)     1,366     1,055       38      273      1,293        990       66      237
Feb............................................      (\4\)     (\3\)     1,319     1,048       42      229      1,282        931       54      297
Mar............................................      (\4\)     (\3\)     1,238       987       35      216      1,235        911       67      257
Apr............................................      (\4\)     (\3\)     1,269     1,009       26      234      1,243        905       61      277
May............................................      (\4\)     (\3\)     1,282       988       36      258      1,243        930       63      250
June...........................................      (\4\)     (\3\)     1,298     1,034       33      231      1,275        958       65      252

July...........................................      (\4\)     (\3\)     1,432     1,107       40      285      1,355      1,011       61      283
Aug............................................      (\4\)     (\3\)     1,392     1,126       28      238      1,368      1,044       63      261
Sept...........................................      (\4\)     (\3\)     1,410     1,139       40      231      1,405      1,073       72      260
Oct p..........................................      (\4\)     (\3\)     1,343     1,102       33      208      1,384      1,051       68      265
Nov p..........................................      (\4\)     (\3\)     1,420     1,102       36      282      1,448      1,069       73      306
--------------------------------------------------------------------------------------------------------------------------------------------------------
\1\ Units in structures built by private developers for sale upon completion to local public housing authorities under the Department of Housing and
Urban Development ``Turnkey'' program are classified as private housing. Military housing starts, including those financed with mortgages insured by
FHA under Section 803 of the National Housing Act, are included in publicly owned starts and excluded from total private starts.
\2\ Authorized by issuance of local building permit: in 19,000 permit-issuing places beginning 1994; in 17,000 places for 1984-93; in 16,000 places for
1978-83; in 14,000 places for 1972-77; in 13,000 places for 1967-71; in 12,000 places for 1963-66; and in 10,000 places prior to 1963.
\3\ Not available separately beginning January 1970.
\4\ Series discontinued December 1988.

Source: Department of Commerce, Bureau of the Census.