[Economic Report of the President (1998)]
[Administration of William J. Clinton]
[Online through the Government Printing Office, www.gpo.gov]



Table B-56.--New housing units started and authorized, 1959-97
[Thousands of units; monthly data at seasonally adjusted annual rates]
--------------------------------------------------------------------------------------------------------------------------------------------------------
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
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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

1995 ................................................      (\4\)     (\3\)   1,354.1   1,076.2     33.7    244.1    1,332.5      997.3     63.7    271.5
1996.................................................      (\4\)     (\3\)   1,476.8   1,160.9     45.2    270.8    1,425.6    1,069.5     65.8    290.3
1997 p...............................................      (\4\)     (\3\)   1,475.9   1,133.6     44.2    298.1    1,442.3    1,055.6     70.5    316.1

1996: Jan............................................      (\4\)     (\3\)     1,444     1,138       22      284      1,385      1,047       64      274
Feb............................................      (\4\)     (\3\)     1,520     1,188       35      297      1,425      1,083       60      282
Mar............................................      (\4\)     (\3\)     1,429     1,156       24      249      1,438      1,119       60      259
Apr............................................      (\4\)     (\3\)     1,522     1,215       55      252      1,486      1,128       74      284
May............................................      (\4\)     (\3\)     1,476     1,142       48      286      1,457      1,101       64      292
June...........................................      (\4\)     (\3\)     1,488     1,214       46      228      1,432      1,094       64      274

July...........................................      (\4\)     (\3\)     1,492     1,164       44      284      1,454      1,077       67      310
Aug............................................      (\4\)     (\3\)     1,515     1,222       37      256      1,405      1,061       62      282
Sept...........................................      (\4\)     (\3\)     1,470     1,148       45      277      1,391      1,029       70      292
Oct............................................      (\4\)     (\3\)     1,407     1,104       58      245      1,349      1,003       68      278
Nov............................................      (\4\)     (\3\)     1,486     1,133       60      293      1,391      1,016       65      310
Dec............................................      (\4\)     (\3\)     1,353     1,024       48      281      1,405        999       65      341

1997: Jan............................................      (\4\)     (\3\)     1,375     1,125       43      207      1,395      1,052       62      281
Feb............................................      (\4\)     (\3\)     1,554     1,237       44      273      1,438      1,069       68      301
Mar............................................      (\4\)     (\3\)     1,479     1,142       45      292      1,457      1,034       71      352
Apr............................................      (\4\)     (\3\)     1,483     1,133       40      310      1,442      1,060       68      314
May............................................      (\4\)     (\3\)     1,402     1,098       34      270      1,432      1,053       66      313
June...........................................      (\4\)     (\3\)     1,503     1,134       37      332      1,402      1,049       70      283

July...........................................      (\4\)     (\3\)     1,465     1,149       37      279      1,414      1,030       77      307
Aug............................................      (\4\)     (\3\)     1,395     1,091       42      262      1,397      1,027       66      304
Sept...........................................      (\4\)     (\3\)     1,507     1,181       46      280      1,460      1,065       69      326
Oct ...........................................      (\4\)     (\3\)     1,527     1,122       63      342      1,487      1,087       77      323
Nov p..........................................      (\4\)     (\3\)     1,531     1,161       40      330      1,440      1,061       58      321
Dec p..........................................      (\4\)     (\3\)     1,519     1,092       55      372      1,482      1,071       92      319
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\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.