FRB: Monetary Policy Report to the Congress--February 27, 2008

Monetary Policy Report submitted to the Congress on February 27, 2008, pursuant to section 2B of the Federal Reserve Act

Table for figure of Private Housing Starts, 1994-2007
Millions of units, annual rate
Period	Single-family	Multifamily
1994:Q1	1.19	0.20
1994:Q2	1.21	0.25
1994:Q3	1.19	0.26
1994:Q4	1.16	0.31
1995:Q1	1.04	0.28
1995:Q2	1.02	0.27
1995:Q3	1.12	0.29
1995:Q4	1.14	0.28
1996:Q1	1.15	0.31
1996:Q2	1.19	0.31
1996:Q3	1.18	0.32
1996:Q4	1.10	0.32
1997:Q1	1.14	0.29
1997:Q2	1.12	0.36
1997:Q3	1.15	0.31
1997:Q4	1.14	0.39
1998:Q1	1.23	0.33
1998:Q2	1.24	0.33
1998:Q3	1.28	0.35
1998:Q4	1.36	0.36
1999:Q1	1.34	0.37
1999:Q2	1.27	0.31
1999:Q3	1.29	0.36
1999:Q4	1.34	0.32
2000:Q1	1.28	0.38
2000:Q2	1.24	0.35
2000:Q3	1.19	0.31
2000:Q4	1.22	0.32
2001:Q1	1.26	0.35
2001:Q2	1.30	0.33
2001:Q3	1.28	0.32
2001:Q4	1.26	0.31
2002:Q1	1.36	0.36
2002:Q2	1.34	0.34
2002:Q3	1.34	0.36
2002:Q4	1.41	0.33
2003:Q1	1.41	0.32
2003:Q2	1.43	0.33
2003:Q3	1.52	0.37
2003:Q4	1.66	0.38
2004:Q1	1.56	0.36
2004:Q2	1.61	0.33
2004:Q3	1.64	0.34
2004:Q4	1.61	0.35
2005:Q1	1.70	0.37
2005:Q2	1.70	0.35
2005:Q3	1.75	0.35
2005:Q4	1.73	0.34
2006:Q1	1.75	0.38
2006:Q2	1.52	0.34
2006:Q3	1.39	0.31
2006:Q4	1.23	0.32
2007:Q1	1.17	0.29
2007:Q2	1.17	0.30
2007:Q3	0.99	0.31
2007:Q4	0.83	0.32

Note: The data are quarterly and extend through 2007:Q4.

Source: Department of Commerce, Bureau of the Census.