New Residential Construction

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New Residential Construction

10/18/2023 08:30 AM EDT

Privately-owned housing starts in September 2023 were at a seasonally adjusted annual rate of 1,358,000. This is 7.0 percent (+/- 15.8%)* above the revised August 2023 estimate of 1,269,000.


September 2023: +7.0* % Change
August 2023 (r): -12.5 % Change

(*)The 90% confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.

(r) Revised.

Estimates are adjusted for seasonal variation but not for price changes.

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We serve as the nation’s leading provider of quality data about its people and economy. The Census Bureau is the federal government's largest statistical agency. As the world’s premier statistical agency, we are dedicated to making our nation a better place. Policy-makers, businesses, and the public use our data to make informed decisions.