why are housing starts a key indicator of a nation's economic wellbeing

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01-03-2019
Business

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why are housing starts a key indicator of a nation's economic wellbeing

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MsTeel MsTeel · Answer 1 · 2019-03-04T03:24:12+01:00

MsTeel MsTeel

04-03-2019

Housing starts are important because they are a leading (aka early) indicator of how the economy is doing. Increases in housing generally indicate signs of economic growth and vice versa.

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why are housing starts a key indicator of a nation's economic wellbeing