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When talking about construction in the U.S. valuable information can be gained from looking at which areas are building the most. Analysing these numbers can then provide insight into where to focus construction investment, where to move resources, and for the areas with lower numbers, to analyze what is causing the slump in construction demand (earning potential, availability of resources, etc). Though we are focusing on construction here, these numbers also indicate the bigger picture with regard to the health of the housing market and economic growth. Considering that single-family units cost on average about $295k to complete, it is possible to equate total permits with a potential dollar amount injected into the construction industry. We have already looked at construction stats by state, but below we go a little more in depth and look at construction by metropolitan area.
