Journal Article

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

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.

Keywords: Population; Baby boomers; Housing;

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Macro Bulletin

Publication Date: 2013-12

Pages: 1-4