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United States Building Permits m/m

Country:
United States
USD, US dollar
Source:
Sector:
Housing
Medium -2.2% 6.0%
-4.6%
Last release Importance Actual Forecast
Previous
-1.5%
-2.2%
Next release Actual Forecast
Previous
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  • History
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Building Permits m/m show a change in the number of permits for the construction of new residential buildings issued by government authorities in the given month compared to the previous month. The US Census Bureau collects this data by sending requests to regulatory authorities. The monthly survey sampling covers 9000 permit issuing offices across the country. The indicator data is seasonally adjusted.

Data on the number of building permits is used by government agencies to develop an index of leading economic indicators. The Fed Council uses the indicator in the analysis of economic conditions both at the national and regional levels. The Department of Housing and Urban Development uses data when preparing housing programs. Banks use statistics in order to assess the demand for mortgage loans in the short and medium term.

Economists analyze this indicator along with housing starts. An increase in the number of issued permits indicates an improved economy sentiment and an increase in construction investments. However, if the number of new home constructions is less than building permits, this may indicate unfavorable economic conditions, due to which projects are postponed.

The growth in the number of building permits can have a positive effect on dollar quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "United States Building Permits m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jun 2018
-2.2%
6.0%
-4.6%
May 2018
-4.6%
-0.6%
-0.9%
Apr 2018
-1.8%
-3.8%
4.1%
Mar 2018
2.5%
11.9%
-4.1%
Feb 2018
-5.7%
-12.3%
5.9%
Jan 2018
7.4%
3.5%
-0.2%
Dec 2017
-0.1%
-2.6%
-1.0%
Nov 2017
-1.4%
-4.9%
7.4%
Oct 2017
5.9%
7.6%
-3.7%
Sep 2017
-4.5%
1.1%
3.4%
Aug 2017
5.7%
-6.0%
-3.5%
Jul 2017
-4.1%
9.1%
9.2%
Jun 2017
7.4%
13.7%
-4.9%
May 2017
-4.9%
-3.0%
-2.5%
Apr 2017
-2.5%
-3.2%
3.4%
Mar 2017
3.6%
-6.0%
Feb 2017
-6.2%
5.3%
Jan 2017
4.6%
1.3%
Dec 2016
-0.2%
-3.8%
Nov 2016
-4.7%
2.9%
Oct 2016
0.3%
6.3%
Sep 2016
6.3%
-0.4%
Aug 2016
-0.4%
-0.8%
Jul 2016
-0.1%
1.5%
Jun 2016
1.5%
0.7%
May 2016
0.7%
3.6%
Apr 2016
3.6%
-7.3%
Mar 2016
-7.7%
-3.1%
Feb 2016
-3.1%
-0.2%
Jan 2016
-0.2%
-3.9%
Dec 2015
-3.9%

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