Census Bureau: Not Just What You Expect
The Census Bureau released three Economic Census reports last week: 2007 Economic Census: Arts, Entertainment and Recreation Industry Series 2007 Economic Census: Construction Industry Series 2007 Business Expenses for Wholesale and Retail Trades Unsurprising, I suppose. But Census has also recently released Reports on Residential Vacancies and Homeownership , which showed "National vacancy rates in the second quarter 2009 were 10.6 (+ 0.4) percent for rental housing and 2.5 (+ 0.1) percent for homeowner housing...The Census Bureau said the rental vacancy rate was higher than the second quarter 2008 rate (10.0 percent) and higher than the rate last quarter (10.1 percent). For homeowner vacancies, the current rate was lower than the second quarter 2008 rate (2.8 percent) and lower than the rate last quarter (2.7 percent). The homeownership rate at 67.4 (+ 0.5) percent for the current quarter was lower than the second quarter 2008 rate (68.1 percent), but not statistically different