Table 8 Variance Decomposition of COMP (the number of housing units completed)

Month COMP JPG PJRD PPG
step 1 100.000% 0.000% 0.000% 0.000%
step 2 73.979% 0.005% 12.580% 13.437%
step 3 61.979% 0.182% 21.848% 15.991%
step 4 56.095% 0.406% 26.790% 16.709%
step 5 53.111% 0.566% 29.381% 16.942%
step 6 51.557% 0.662% 30.751% 17.030%
step 7 50.733% 0.717% 31.481% 17.068%
step 8 50.293% 0.748% 31.874% 17.086%
step 9 50.056% 0.764% 32.085% 17.095%
step 10 49.928% 0.773% 32.199% 17.099%