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The long-term outlook for U.S. residential construction

Author

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  • Jordan Rappaport

Abstract

The recovery of U.S. housing construction paused during the first half of 2013. Stronger growth is likely to resume in the near term. But over the long term, home construction is likely to contract as aging baby boomers downsize.

Suggested Citation

  • Jordan Rappaport, 2013. "The long-term outlook for U.S. residential construction," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-4, December.
    • Handle: RePEc:fip:fedkmb:00006
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