U.S. Housing Starts Fell 10.0% In May

June 16th, 2010 by Belisarius

U.S. housing starts were reported at 593.000 vs. revised 659.00 April reading. The consensus was at 648.000. Building permits in the same period fell 5.9% to 574.000.

Bad report.

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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This entry was posted on Wednesday, June 16th, 2010 at 6:49 am and is filed under U.S. Economic Data, U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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