Home Improvement Weekly

Welcome to this first issue of the Home Improvement Weekly report. In this report you can get data on new home construction, permits issued, homes under construction and how many were completed. You can also get information on home construction related commodities and stock information for the major industry companies.

New Home Construction

Revised March 2022 Data

TypeSingle Unit2-4 Units5+ Units
Building Permits Issued107,4005,00056,700
Housing Starts99,4001,40042,300
Under Construction784,90014,900795,600
Housing Completions88,00090024,100
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development

Preliminary April 2022 Data

TypeSingle Unit2-4 Units5+ Units
Building Permits Issued98,3004,50053,400
Housing Starts100,9001,10052,600
Under Construction803,10014,700817,900
Housing Completions80,0001,00022,400
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development

Year to Date Totals

TypeSingle Unit2-4 Units5+ Units
Building Permits Issued376,20017,100195,800
Housing Starts366,9005,700172,300
Housing Completions312,2003,30088,600
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development

Preliminary data for April 2022 has permits issued down across all three categories by a total of 12,700. However, new construction started in April is up 11,500 from the revised March report.

Totals for all Unit categories Year to Date:

  • Building Permits Issued: 589,100
  • Housing Starts: 544,800
  • Housing Completions: 502,100

A copy of the full report can be found here: Monthly New Residential Construction, April 2022

Stocks, Indexes, and Futures

Company/CommodityWeek OpenWeek CloseChange
Lowes$195.01$195.45+0.2%
Home Depot$302.85$305.08+0.7%
Grainger$481.48$496.28+3.07%
Masco$56.26$56.33+0.1%
Tractor Supply Company$190.09$194.44+2.3%
Lumber Futures$677.40$632.00-6.7%
ARCA Steel Index$1,853.48$1,848.83-0.25%
Aluminum$2,904.85$2,726.15-6.15%
Source: Yahoo Finance and Business Insider’s “Markets Insider”

Year to Date Performance (Jan 3 to Present)

Company/IndexYear OpenWeek CloseChange
Lowes$255.51$195.45-23.5%
Home Depot$408.64$305.08-25.3%
Grainger$510.20$496.28-2.7%
Masco$69.42$56.33-18.9%
Tractor Supply Company$235.72$194.44-17.5%
Dow Jones36,585.0632,899.70-10%
NASDAQ15,832.8012.012.73-24%
S&P 5004,796.564,108.54-14.3%
Source: Yahoo Finance

Inflation Report for April 2022

Consumer Price Index

  • Year over Year (YoY) Inflation: 8.3%
  • One Month Change: 0.3%

Electricity Services

  • YoY: 13.7%
  • One Month: 1.3%

Shelter

  • YoY: 5.1%
  • One Month: 0.5%

Source: U.S. Department of Labor

The full report can be found here: Consumer Price Index – April 2022

Personal Disposable Income has increased by 0.3% from March to April 2022 and Personal Consumption Expenditure (PCE) has increased 0.9% from March to April 2022. PCE is the “value of the goods and services purchased by, or on the behalf of, U.S. residents.”

Source: U.S. Bureau of Economic Analysis

The full report can be found here: Personal Income and Outlays, April 2022

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.