The Home Builders Association of Fayetteville’s mission is to serve, advocate, and promote the local building and development industries while fostering unity between members, government and the community.
The HBAF’ s vision is to be a vital business investment for its members.
The housing sector is the LARGEST US industry, adding $3.2 trillion to the GDP annually and representing 13% of the total output. The housing sector means jobs, opportunity, and growth for every community in every state. Individuals, businesses, and community organizations cannot succeed without it.
Building Homes, Enriching Communities, Changing Lives
To the right is a snapshot of why the housing industry matters to people across the United States.
Direct jobs created for every 100 houses built
Taxes and revenue income for local governments
Local income per 100 houses built
Indirect jobs supported for every 100 houses built
Prices for inputs to new residential construction—excluding capital investment, labor, and imports—decreased 0.6% in September according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics. Compared to a year ago, this index was down 0.1% in September after an increase of 1.0% in August. The inputs to...