Household formation in the U.S. is soaring to heights not seen since the economic recovery began. According to the Census Bureau, over the last 12 months, almost 2 million new households were formed in the U.S. Rising household formation is positive for the housing market and the economy. A rising number of households signals greater demand for housing units. The broader economy should also get a kick from rising household formation as newly formed households spend to furnish their homes and stock them with consumables.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- China’s Coal Problem is Really a Debt Problem - December 11, 2017
- Do the Best Managed Companies Make the Best Investments? - December 8, 2017
- What Tax Reform Means for You: Part II - December 7, 2017