Chart of the Week: Residential construction hits a speed bump

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Residential construction in Phoenix has seen slow but steady growth since the worst of the recession when the construction sector lost over 106,000 jobs, a third of all jobs lost in Phoenix. The last two quarters have recorded the trend flattening. Slow economic growth in the overall US economy may be hindering the growth that Phoenix needs.

Click here for more market insight on our Phoenix research group web page: Phoenix – Research

Click to tweet: New home starts in  slowed down over the last two quarters. See more in ‘s


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