The outlook for household formations is important to any company dependent on residential housing construction as a direct or indirect source of revenue. Right now, things look rosy, but the long-term forecast for housing formations is bleak. Baby boomers have inflated the demand for housing over the last five years, but their less-numerous offspring are throwing cold water on the construction industry. In 1998, when housing demand was at its peak, 1.25 million households were formed. Maybe housing formations don t affect your company as much as other demographics.
Every industry is vulnerable to changes in the makeup of the marketplace.
You can search by state, city, county, zip code, TV market, area code, region, and other variables. The site s regularly updated statistics, reports, and analytical tools for market profiling all free offer a window to the future. Look through it and see where the puck s going to be. That way, like Wayne Gretzky, you can be in the right place at the right time.