Number Of U.S. Housing Starts Rose 3.5% In May; Number Of Building Permits Issued Rose 8.7%

(For May 2011)

U.S. housing starts in March rose 3.5% to 560.000 vs. revised (18.000 higher) 541.000 April reading. Consensus was at 545.000. On year level U.S. housing starts are down 3.4%.

Number of building permits issued in the U.S. in May rose 8.7% to 612.000. Consensus was at 557.000. On year level number of building permits issued in the U.S. is up 5.2%.




This entry was posted on Thursday, June 16th, 2011 at 7:14 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.

Comments are closed.


Get Adobe Flash player