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Story
June 30, 1949
The Potters Herald
East Liverpool, Columbiana County, Ohio
What is this article about?
In May 1949, U.S. home builders initiated 95,000 new permanent nonfarm dwelling units, up 9,000 from April and nearing the 1948 record of 100,300. First five months totaled 343,400 starts, with peak expected later in 1949. Announced by Secretary Maurice J. Tobin in Washington, D.C.
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Home Construction Again Approaches New Record
Washington, D. C.—Home builders throughout the nation started 95,000 new permanent nonfarm dwelling units in May, Secretary of Labor Maurice J. Tobin announced here. This is 9,000 more than were put under construction in April and is within 5 percent of the record 100,300 units put under construction in May 1948.
Preliminary estimates show that builders have started 343,400 new dwelling units in the first 5 months of 1949. The peak in housing starts will probably occur later this year than last.
Washington, D. C.—Home builders throughout the nation started 95,000 new permanent nonfarm dwelling units in May, Secretary of Labor Maurice J. Tobin announced here. This is 9,000 more than were put under construction in April and is within 5 percent of the record 100,300 units put under construction in May 1948.
Preliminary estimates show that builders have started 343,400 new dwelling units in the first 5 months of 1949. The peak in housing starts will probably occur later this year than last.
What sub-type of article is it?
Economic Report
News Brief
What keywords are associated?
Home Construction
Housing Starts
1949 Statistics
Nonfarm Dwellings
Labor Department
What entities or persons were involved?
Maurice J. Tobin
Where did it happen?
Washington, D. C.
Story Details
Key Persons
Maurice J. Tobin
Location
Washington, D. C.
Event Date
May 1949
Story Details
Home builders started 95,000 new permanent nonfarm dwelling units in May 1949, 9,000 more than April, within 5 percent of the May 1948 record of 100,300 units. Preliminary estimates show 343,400 units started in the first 5 months of 1949, with peak likely later in the year.