Residential Construction Spending - Single Family Construction, Multifamily Construction

Residential construction spending is the factor that we're trying to target here when we're looking at the housing sector and how that relates to economic growth. We have our single family construction, our multifamily construction,. And then we have our remodeling, which is people putting in a new bathroom or a new kitchen into their existing home. Those three categories make up residential construction, which is about an $800 billion category.