U.S. Housing Starts Rose 11.7%; Number Of Building Permits Issued In The U.S. Rose 0.5%

(For October)

U.S. housing starts in October fell 11.7% to 519.000 vs. revised (10.000 lower) 588.000 September reading. The consensus was at 598.000. On year level U.S. housing starts are down 1.9%.

Chart 1. U.S. Housing Starts

Number of building permits issued in the U.S. in August rose 0.5% to 550.000. The consensus was at 568.000.

On year level number of building permits issued in the U.S. is down -4.5%.

Chart 2. U.S. Building Permits

Feels like more and more data reported is skewed no negative side.

Consistency of these data sets is awful, they just keep on revising it…


This entry was posted on Wednesday, November 17th, 2010 at 8:31 am and is filed under 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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