U.S. Housing Starts Declined 5.9% In February | Tainted Alpha

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U.S. Housing Starts Declined 5.9% In February

March 17th, 2010 by Belisarius

U.S. housing starts came out at 575.000 vs. 565.000 consensus and 591.000 in January. Building permits in the same period fell 1.6% to 612.000.

The weather certainly played a role here, but nevertheless the data coming out on housing isn’t good.

Chart 1. U.S. Housing Starts

Source: U.S. Census Bureau

Chart 2. U.S. Building Permits

Source: U.S. Census Bureau

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U.S. Building Permits, U.S. Housing Starts

This entry was posted on Wednesday, March 17th, 2010 at 3:21 am and is filed under U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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