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Economy

Economic Data (USA)

Wednesday, May 17, 2023

Housing Starts During April 2023

The U.S. Commerce Department this morning released its Housing Starts report for April 2023:

---------------------------------------------------

Housing Starts:
Predicted: 1,400,000
Actual: 1,401,000

Change From Previous Month: +2.19% (+30,000 New Units)

  • Change From One Year Previous: -22.3% (-402,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,400,000
Actual: 1,416,000

Change From Previous Month: -1.46% (-21,000 New Permits)

  • Change From One Year Previous: -21.11%  (-379,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================

CHART: Housing Starts + Building Permits + Completions - April 2023 Update

CHART: Housing Starts
+ Building Permits
+ Completions
 April 2023 Update


=================


================


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Tuesday, December 20, 2022

Housing Starts During November 2022

The U.S. Commerce Department this morning released its Housing Starts report for November 2022:

---------------------------------------------------

Housing Starts:
Predicted: 1,500,000
Actual: 1,427,000

Change From Previous Month: -0.49% (-7,000 New Units)

  • Change From One Year Previous: -16.35% (-279,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,400,000
Actual: 1,342,000

Change From Previous Month: -11.24% (-170,000 New Permits)

  • Change From One Year Previous: -22.38%  (-387,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================

CHART: Housing Starts + Building Permits + Completions November 2022 Update
CHART: Housing Starts
+ Building Permits
+ Completions
November 2022 Update


=================


================


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Tuesday, September 20, 2022

Housing Starts During August 2022

The U.S. Commerce Department this morning released its Housing Starts report for August 2022:

---------------------------------------------------

Housing Starts:
Predicted: 1,600,000
Actual: 1,575,000

Change From Previous Month: +12.18% (+171,000 New Units)

  • Change From One Year Previous: -0.063% (-1,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,600,000
Actual: 1,517,000

Change From Previous Month: -9.97% (-168,000 New Permits)

  • Change From One Year Previous: -14.39%  (-255,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts + Building Permits + Completions - August 2022 Update
CHART: Housing Starts
+ Building Permits
+ Completions
August 2022 Update


=================


================

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Wednesday, August 17, 2022

Housing Starts During July 2022

The U.S. Commerce Department this morning released its Housing Starts report for July 2022:

---------------------------------------------------

Housing Starts:
Predicted: 1,500,000
Actual: 1,446,000

Change From Previous Month: -9.57% (-153,000 New Units)

  • Change From One Year Previous: -8.07% (-127,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,700,000
Actual: 1,674,000

Change From Previous Month: -1.3% (-22,000 New Permits)

  • Change From One Year Previous: +1.15%  (+19,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts + Building Permits + Completions - July 2022 Update

CHART: Housing Starts
+ Building Permits
+ Completions
 July 2022 Update


=================


================


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Tuesday, July 19, 2022

Housing Starts During June 2022

The U.S. Commerce Department this morning released its Housing Starts report for June 2022:

---------------------------------------------------

Housing Starts:
Predicted: 1,600,000
Actual: 1,559,000

Change From Previous Month: -2.011% (-32,000 New Units)

  • Change From One Year Previous: -6.31% (-105,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,700,000
Actual: 1,685,000

Change From Previous Month: -0.59% (-10,000 New Permits)

  • Change From One Year Previous: +1.44%  (+24,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================

 
CHART: Housing Starts + Building Permits + Completions June 2022 Update

 CHART: Housing Starts
+ Building Permits
+ Completions
June 2022 Update
 
=================


================


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Friday, June 17, 2022

Housing Starts During May 2022

The U.S. Commerce Department this morning released its Housing Starts report for May 2022:

---------------------------------------------------

Housing Starts:
Predicted: 1,600,000
Actual: 1,549,000

Change From Previous Month: -14.42% (-261,000 New Units)

  • Change From One Year Previous: -3.49% (-56,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,700,000
Actual: 1,695,000

Change From Previous Month: -7.021% (-128,000 New Permits)

  • Change From One Year Previous: +0.237%  (+4,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================

 
CHART: Housing Starts + Building Permits + Completions May 2022 Update

CHART: Housing Starts
+ Building Permits
+ Completions
May 2022 Update

=================


================


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Wednesday, May 18, 2022

Housing Starts During April 2022

The U.S. Commerce Department this morning released its Housing Starts report for April 2022:

---------------------------------------------------

Housing Starts:
Predicted: 1,780,000
Actual: 1,724,000

Change From Previous Month: -0.231% (-4,000 New Units)

  • Change From One Year Previous: +14.551% (+219,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,850,000
Actual: 1,819,000

Change From Previous Month: -3.193% (-60,000 New Permits)

  • Change From One Year Previous: +3.06%  (+54,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================

 
CHART: Housing Starts + Building Permits + Completions - April 2022 Update

CHART: Housing Starts
+ Building Permits
+ Completions
April 2022 Update

=================


================


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Tuesday, April 19, 2022

Housing Starts During March 2022

The U.S. Commerce Department this morning released its Housing Starts report for March 2022:

---------------------------------------------------

Housing Starts:
Predicted: 1,780,000
Actual: 1,793,000

Change From Previous Month: +0.28% (+5,000 New Units)

  • Change From One Year Previous: +3.942% (+68,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,850,000
Actual: 1,873,000

Change From Previous Month: +0.429% (+8,000 New Permits)

  • Change From One Year Previous: +6.724%  (+118,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================

 
CHART: Housing Starts - March 2022 Update

CHART: Housing Starts
March 2022 Update


=================


================


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Thursday, March 17, 2022

Housing Starts During February 2022

The U.S. Commerce Department this morning released its Housing Starts report for February 2022:

---------------------------------------------------

Housing Starts:
Predicted: 1,700,000
Actual: 1,769,000

Change From Previous Month: +6.76% (+112,000 New Units)

  • Change From One Year Previous: +22.25% (+322,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,800,000
Actual: 1,859,000

Change From Previous Month: -1.9% (-36,000 New Permits)

  • Change From One Year Previous: +7.71%  (+133,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================

 
CHART: Housing Starts - February 2022 Update

 CHART: Housing Starts
February 2022 Update
 
=================


================


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Monday, February 21, 2022

Housing Starts During January 2022

The U.S. Commerce Department this morning released its Housing Starts report for January 2022:

---------------------------------------------------

Housing Starts:
Predicted: 1,700,000
Actual: 1,638,000

Change From Previous Month: -4.098% (-70,000 New Units)
Change From One Year Previous: +0.8% (+13,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,800,000
Actual: 1,899,000

Change From Previous Month: +0.743% (+14,000 New Permits)
Change From One Year Previous: +0.85%  (+16,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================

CHART: Housing Starts - January 2022 Update

CHART: Housing Starts
January 2022 Update
 
=================


================


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Wednesday, January 19, 2022

Housing Starts During December 2021

The U.S. Commerce Department this morning released its Housing Starts report for December 2021:

---------------------------------------------------

Housing Starts:
Predicted: 1,700,000
Actual: 1,702,000

Change From Previous Month: +1.43% (+24,000 New Units)
Change From One Year Previous: +2.47% (+41,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,800,000
Actual: 1,873,000

Change From Previous Month: +9.09% (+156,000 New permits)
Change From One Year Previous: +6.54%  (+115,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts - December 2021 Update

CHART: Housing Starts
December 2021 Update

=================


================


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Thursday, December 16, 2021

Housing Starts During November 2021

The U.S. Commerce Department this morning released its Housing Starts report for November 2021:

---------------------------------------------------

Housing Starts:
Predicted: 1,600,000
Actual: 1,679,000

Change From Previous Month: +11.784% (+177,000 New Units)
Change From One Year Previous: +8.253% (+128,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,600,000
Actual: 1,712,000

Change From Previous Month: +3.569% (+59,000 New permits)
Change From One Year Previous: +0.943%  (+16,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts - November 2021 Update

CHART: Housing Starts - November 2021 Update

=================


================


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Wednesday, November 17, 2021

Housing Starts During October 2021

The U.S. Commerce Department this morning released its Housing Starts report for October 2021:

---------------------------------------------------

Housing Starts:
Predicted: 1,600,000
Actual: 1,520,000

Change From Previous Month: -0.654% (-10,000 New Units)
Change From One Year Previous: +0.396% (+6,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,600,000
Actual: 1,650,000

Change From Previous Month: +4.035% (+64,000 New permits)
Change From One Year Previous: +3.448%  (+55,000 New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts - October 2021 Update

CHART: Housing Starts - October 2021 Update

=================


================


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Tuesday, October 19, 2021

Housing Starts During September 2021

The U.S. Commerce Department this morning released its Housing Starts report for September 2021:

---------------------------------------------------

Housing Starts:
Predicted: 1,600,000
Actual: 1,555,000

Change From Previous Month: -1.582% (-25,000 New Units)
Change From One Year Previous: +7.39% (+107,000 New Units)

---------------------------------------------------

Building Permits:
Predicted: 1,600,000
Actual: 1,589,000

Change From Previous Month: -7.67% (-132,000 New permits)
Change From One Year Previous: Flat / No Change  (No Y/Y Change in New Permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts - September 2021 Update

CHART: Housing Starts - September 2021 Update

=================


================

 

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Wednesday, August 18, 2021

Housing Starts During July 2021

The U.S. Commerce Department this morning released its Housing Starts report for July 2021:

---------------------------------------------------

Housing Starts:
Predicted: 1,600,000
Actual: 1,534,000

Change From Previous Month: -7.03% (-116,000 units)
Change From One Year Previous: +2.472% (+37,000 units)

---------------------------------------------------

Building Permits:
Predicted: 1,600,000
Actual: 1,635,000

Change From Previous Month: +2.572% (+41,000 permits)
Change From One Year Previous: +6.031% (+93,000 permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts - July 2021 Update
CHART: Housing Starts - July 2021 Update

=================


================

 

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Tuesday, July 20, 2021

Housing Starts During June 2021

The U.S. Commerce Department this morning released its Housing Starts report for June 2021:

---------------------------------------------------

Housing Starts:
Predicted: 1,700,000
Actual: 1,643,000

Change From Previous Month: +6.274% (+97,000 units)
Change From One Year Previous: +29.065% (+370,000 units)

---------------------------------------------------

Building Permits:
Predicted: 1,600,000
Actual: 1,598,000

Change From Previous Month: -5.051% (-85,000 permits)
Change From One Year Previous: +23.302% (+302,000 permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================

CHART: Housing Starts - June 2021 Update

CHART: Housing Starts - June 2021 Update

=================


================


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Tuesday, May 18, 2021

Housing Starts During April 2021

The U.S. Commerce Department this morning released its Housing Starts report for April 2021:

---------------------------------------------------

Housing Starts:
Predicted: 1,600,000
Actual: 1,569,000

Change From Previous Month: -9.463% (-164,000 units)
Change From One Year Previous: +67.271% (+631,000 units)

---------------------------------------------------

Building Permits:
Predicted: 1,800,000
Actual: 1,760,000

Change From Previous Month: +0.285% (+5,000 permits)
Change From One Year Previous: +60.878% (+666,000 permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts - April 2021 Update
CHART: Housing Starts - April 2021 Update


=================


================


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Friday, April 16, 2021

Housing Starts During March 2021

The U.S. Commerce Department this morning released its Housing Starts report for March 2021:

---------------------------------------------------

Housing Starts:
Predicted: 1,700,000
Actual: 1,739,000

Change From Previous Month: +19.355% (+282,000 units)
Change From One Year Previous: +37.037% (+470,000 units)

---------------------------------------------------

Building Permits:
Predicted: 1,700,000
Actual: 1,766,000

Change From Previous Month: +2.674% (+46,000 permits)
Change From One Year Previous: +30.236% (+410,000 permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts - March 2021 Update
CHART: Housing Starts - March 2021 Update


=================


================


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Thursday, January 21, 2021

Housing Starts During December 2020

The U.S. Commerce Department this morning released its Housing Starts report for December 2020:

---------------------------------------------------

Housing Starts:
Predicted: 1,600,000
Actual: 1,669,000

Change From Previous Month: +5.767% (+,91,000 units)
Change From One Year Previous: +5.167% (+82,000 units)

---------------------------------------------------

Building Permits:
Predicted: 1,600,000
Actual: 1,709,000

Change From Previous Month: +4.526% (+74,000 permits)
Change From One Year Previous: +17.296% (+252,000 permits)

----------------------------------------------------

Housing Starts: The top, yellow-highlighted figure is a measure of initial construction of single and multi-family residential units in the United States for the indicated month. Seasonally adjusted annual rate. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

If you're wondering about the demand for new homes in the United States, or about the American residential construction industry in general, then you should pay attention to the monthly Housing Starts report. This report also offers insight into specific types of consumer spending: when housing starts are up, demand for the stuff that a consumer would purchase for a new home (large appliances, consumer electronics, furniture, etc.) tends to also rise -- and vice versa.


=================


CHART: Housing Starts December 2020 Update

CHART: Housing Starts
December 2020 Update


=================


================



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education loans, first or second mortgages, credit cards, car loans or any type of insurance.