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"If I have one hand in the oven, and my other hand is in the freezer, on average, I would think I’m doing alright!” This was a typical analogy used by Dr. Stanley K. Suddarth, Ph.D., P.E., in this case, to demonstrate the potential problems associated with using averages in calculations. When Stan Suddarth passed away on June 9, 2011, in Newburg, Oregon, he left behind a significant legacy in academia and the structural building components industry. In 1986, he was one of the first two inductees into the SBCA Hall of Fame in recognition of his considerable contributions to the industry.
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U.S. Housing Starts & Building Permits
In millions - Seasonally Adjusted Annual Rate (SAAR)
2021 (Nov) | 2021 (Oct) | Percent Change (Month) | 2020 (Nov) | Percent Change (Year) | |
---|---|---|---|---|---|
TOTAL U.S. Starts & Permits | |||||
Starts | 1.679 | 1.504 | 11.6% | 1.578 | 6.4% |
Permits | 1.712 | 1.653 | 3.6% | 1.635 | 4.7% |
TOTAL Single Family | |||||
Starts | 1.173 | 1.054 | 11.3% | 1.195 | -1.8% |
Permits | 1.103 | 1.074 | 2.7% | 1.137 | -3% |
TOTAL Multi-Family (2+ units) | |||||
Starts | 0.506 | 0.450 | 12.4% | 0.383 | 32.1% |
Permits | 0.609 | 0.579 | 5.2% | 0.498 | 22.3% |
2021 (Nov) | 2021 (Oct) | Percent Change (Month) | 2020 (Nov) | Percent Change (Year) | |
---|---|---|---|---|---|
Northeast | |||||
Starts | 0.130 | 0.122 | 6.6% | 0.164 | -20.7% |
Permits | 0.145 | 0.129 | 12.4% | 0.152 | -4.6% |
Midwest | |||||
Starts | 0.204 | 0.226 | -9.7% | 0.190 | 7.4% |
Permits | 0.215 | 0.234 | -8.1% | 0.221 | -2.7% |
South | |||||
Starts | 0.933 | 0.792 | 17.8% | 0.813 | 14.8% |
Permits | 0.901 | 0.859 | 4.9% | 0.868 | 3.8% |
West | |||||
Starts | 0.412 | 0.380 | 8.4% | 0.411 | 0.2% |
Permits | 0.451 | 0.431 | 4.6% | 0.394 | 14.5% |
Canadian Housing Starts
In millions - Seasonally Adjusted Annual Rate (SAAR)
2021 (Nov) | 2021 (Oct) Revised | Percent Change (Month) | |
---|---|---|---|
Total Canadian Starts | |||
Total Starts | 0.3013 | 0.2384 | 26.4% |
Urban | |||
Total Starts | 0.2794 | 0.2163 | 29.2% |
Single Family | 0.0582 | 0.0589 | -1.2% |
Multi Family | 0.2212 | 0.1574 | 40.5% |
Rural | |||
Total Starts | 0.0219 | 0.0221 | -0.9% |
2021 (Nov) | 2021 (Oct) Revised | Percent Change (Month) | |
---|---|---|---|
Atlantic Provinces (Newfoundland, New Brunswick, Nova Scotia, Prince Edward Island) |
|||
Starts | 0.0128 | 0.0141 | -8.7% |
Quebec | |||
Starts | 0.0590 | 0.0525 | 12.4% |
Ontario | |||
Starts | 0.1236 | 0.0765 | 61.6% |
Prairie Provinces (Manitoba, Saskatchewan, Alberta) |
|||
Starts | 0.0483 | 0.0408 | 18.4% |
British Columbia | |||
Starts | 0.0357 | 0.0324 | 9.9% |