January 9,
2017 by Larry Thomas in Economic News, Industry
The often-overlooked Generation X, which are people born between 1966 and 1981, are now in their prime earning years with household incomes frequently topping $70,000, according to data from the U.S. Census Bureau.
January 3,
2017 by Larry Thomas in Economic News, Industry
Once considered too small to make a significant economic impact, Generation X now represents the largest generation of consumers between the ages of 21 and 65, according to data from the U.S. Census Bureau.
December 27,
2016 by Larry Thomas in Economic News, Industry
Multi-story single family homes are increasing in popularity, accounting for 63% of homes built in 2015, according to new report from the U.S. Department of Housing and Urban Development.
December 19,
2016 by Larry Thomas in Economic News, Industry
New single-family homes tend to have more bedrooms, bathrooms and outdoor living spaces, according to a recent report from the Department of Housing and Urban Development.
December 12,
2016 by Larry Thomas in Economic News, Industry
A new report from the U.S. Department of Housing and Urban Development shows that new home construction is up 23% since 2009, while new home completions in the first half of 2016 were up 15% from the first half of 2015.
November 14,
2016 by Larry Thomas in Economic News, Financial Reports, Industry
A new report by the U.S. Department of Housing and Urban Development shows that new single-family homes averaged 2,540 square feet in 2015, up from 2,060 feet in 2000.
November 7,
2016 by Larry Thomas in Economic News, Financial Reports, Industry
In the final installment of a series of factoids addressing the rise of e-commerce in furniture manufacturing and the merchant wholesale trade, we highlight a U.S. Census Bureau study that tracked e-commerce sales by merchant wholesalers (distributors, jobbers, drop shippers, import/export merchants and like) and MSBOs, or manufacturers sales branches and offices.