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Thomas Poe Cooper Building 730 Rose Street Lexington, KY 40546-0073

Housing Starts

Housing Starts

Housing Starts

Wood products from Kentucky can be found throughout homes including a significant use for floors, cabinets, moldings, furniture and much more. Housing starts are a major economic indicator, because they provide an important snapshot of the U.S. economy especially for wood products. Housing starts began the year strong but declined over 2022 (Figure 8). While the overall number of 18.667 million housing starts was down from 2021, the number remains much higher than the 2008 recession.

Figure 8

Figure 9

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Thomas Poe Cooper Building 730 Rose Street Lexington, KY 40546-0073