Home Building Industry Analytical Essay

Home Building Industry
An overview of the home building industry, including a SWOTT analysis and economic analysis.
# 55450 | 3,750 words | 7 sources | APA | 2005 | US
Published on Jan 29, 2005 in Business (Industries) , Economics (General)

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This paper discusses the home building industry, including a brief history of this industry, an industry overview, and a SWOTT (Strengths, Weaknesses, Opportunities, Threats, and Trends) analysis of the industry. It also addresses the impact of real Gross Domestic Product (GDP), the unemployment rate, and the inflation rate as measured by the consumer price index (CPI). The paper details three economic indicators.

Home Building History
Home Building Overview
Strengths and Weaknesses
Unemployment Rate
Gross Domestic Product
Housing Starts
Personal Income
Interest Rates
Interest Rates versus Inflation

From the Paper:

"The home building industry has been around for many years. The design, shape, and style of homes have changed over time. The industry is quite different than it was many years ago. When people first began to build they did not layout and draw plans and specs for their home. The first homes were built with one or two rooms in the entire house. Today, they average home has over 6 rooms, When home building first started there was no set rules and regulations that builders had to follow, now we have organizations such as the Occupational Safety and Health Administration who helps set construction regulations for the home building industry. We also have NAHB (National Association Home Builders), which was started in 1942. The NAHB works with the state and local agencies to help establish government and legislature for home builders as well as establish affordable housing for everyone."

Cite this Analytical Essay:

APA Format

Home Building Industry (2005, January 29) Retrieved September 28, 2023, from https://www.academon.com/analytical-essay/home-building-industry-55450/

MLA Format

"Home Building Industry" 29 January 2005. Web. 28 September. 2023. <https://www.academon.com/analytical-essay/home-building-industry-55450/>