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When 50% of Home Builders went out of Business, 95%+ of NHQA Recipients are still IN Business

June 27, 2016
2 min read

One example of the value and power of the NHQA is that while 50% of home builders went out of business between 2007-2012 over the 20 year + history of the National Housing Quality Awards (NHQA) 95+% of recipients are still in business! Consider the following!

US Government: Number of Builders Declined 50% between 2007 & 2012 (NAHB) by Rose Quint, Sep 9th 2015

Much like it counts people every 10 years, the US government counts American businesses every 5 years. This is done through the Economic Census, which is conducted by the Census Bureau in years ending in 2 and 7. Results for the residential construction industry for 2012 were recently released, officially confirming what we already knew: a significant number of builders went out of business in the five years between 2007 and 2012.

According to this official count, the number of establishments whose primary activity is new residential construction fell from 98,067 in 2007 to 48,557 in 2012, a dramatic 50 percent decline. The latest tally is the lowest number of builders reported by the Economic Census since 1997, the first time builders were reported separately from remodelers.

http://eyeonhousing.org/2015/09/us-government-number-of-builders-declined-50-between-2007-and-2012/

To find out more about how the NHQA can impact your business go to this link

http://www.probuilder.com/blog/2016-national-housing-quality-award-recipients

About the Author

Denis Leonard

Denis Leonard has a degree in construction engineering, and an M.B.A. and a Ph.D. in quality management. He is a Fellow of the American Society for Quality and has been an Examiner for the Baldrige National Quality Award Board of Examiners, a Judge on the International Team Excellence Competition, and a Lead Judge on the National Housing Quality Award. He has experience as a quality manager in the home building industry as well as construction engineer, site manager, and in training, auditing, and consulting with expertise in strategic and operational quality improvement initiatives. His work has achieved national quality, environmental, and safety management awards for clients.

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