From their high of over 2,000,000 in 2005, housing starts are projected to be a dismal 1.24 million in 2008.  This is according to the National Association of Realtors.  The US Government has provided a less-rosy outlook, with a monthly annual rate that dips below 1,000,000 in April 2008 and continues to decrease through August, the lost month for which there is a projection.

Yet, Reed’s Building & Construction group was resilient in 2007.  See the numbers below.