The Building Permits m/m indicator reflects the number of permits for new construction projects granted by the government or another regulatory body in the given month compared to the previous month.
The medium-term state of the real estate market is predicted based on this indicator. Index growth may have a positive effect on dollar quotes.
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.