Maine building permits: November 2018


Maine issued 335 building permits for privately owned housing during November, according to data obtained from the U.S. Census Bureau.

Economists follow building permits closely because they can be a barometer of economic activity with higher numbers signaling a surge in economic growth or lower numbers raising concerns of a coming downturn. Higher numbers can also indicate job expansion in the construction industry and more demand for related home products, such as appliances and furnishings.

Nationwide, 100,999 building permits for privately owned housing were issued in November.

Building permits issued in Maine in November
1 Unit
2 Units
3 and 4 Units
5 Units or More
Total
311
14
10
0
335

Source: US Census Bureau

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