Ninth District Forecast

Chart: Housing Units Authorized

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Data as of June 25, 2014

Housing Units Authorized

Housing units authorized are expected to decrease. In 2014, authorizations are expected to decrease in all district states, except for a solid 31 percent increase in South Dakota. In 2015, housing units authorized are predicted to drop in all district states, except for a slight gain in Montana. However, the confidence intervals for home building predictions span a relatively wide range, indicating a much higher degree of uncertainty compared with forecasts for employment, unemployment rate and personal income.

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