Report
Charles Gross
EUR 147.86 For Business Accounts Only

Housing Starts Rebound in October as Single- and Multi-Family Build Foundation for Strong Quarter

October construction activity rebounded with rising single- and multi-family starts, offsetting weaker September activity. The fourth quarter of 2016 started strong as single-family starts hit a monthly high for 2016, led by a surprise uptick in the U.S. South, despite Hurricane Matthew. As anticipated, October multi-family starts rebounded from a soft September to match July for the strongest month of the year. Despite rain in the U.S. South, favorable weather conditions throughout the country ...
Underlying
Louisiana-Pacific Corporation

Louisiana-Pacific is a provider of building solutions serving the new home construction, repair and remodeling and outdoor structures markets. The company has four segments: siding, which includes LP SmartSide? Strand and Fiber trim and siding, as well as LP Outdoor Building Solutions? products for outdoor buildings; oriented strand board (OSB), which manufactures and distributes OSB structural panel products; engineered wood products, which include LP SolidStart? I-Joist, Laminated Veneer Lumber, and other related products; and South America, which manufactures and distributes OSB structural panel and siding products in South America and certain export markets.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Charles Gross

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