Table 1:
Predictive Model/Regression Equation


Variable Correlation (R-squared) t-Value Elasticity Value
Employment Lagged 0.8315 14.12 9.80
Wage 0.8649 4.20 2.50
Housing Starts 0.8817 3.23 0.24
Housing Costs 0.8853 -4.36 -0.70
Additions/Improvements 0.8982 2.90 0.20
Addition Costs 0.9084 -3.33 -0.10



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