Pursuits
Household Growth Spurt Helps U.S. Homebuilders: Chart of the Day
This article is for subscribers only.
Surging growth in the number of U.S. households “is definitely good news for homebuilders” and a reason to buy their shares, according to Sean Darby, Jefferies Group LLC’s chief global equity strategist.
The CHART OF THE DAY tracks the annual rate of household formations, based on data compiled by the Commerce Department and Bloomberg Intelligence. The pace is derived from monthly figures on the number of occupied homes, apartments, mobile homes and trailers.