U.S. Housing Starts Declined 5.9% In February

March 17th, 2010 by Belisarius

U.S. housing starts came out at 575.000 vs. 565.000 consensus and 591.000 in January. Building permits in the same period fell 1.6% to 612.000.

The weather certainly played a role here, but nevertheless the data coming out on housing isn’t good.

Chart 1. U.S. Housing Starts

Source: U.S. Census Bureau

Chart 2. U.S. Building Permits

Source: U.S. Census Bureau

,

This entry was posted on Wednesday, March 17th, 2010 at 3:21 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.

Comments are closed.

 
Get Adobe Flash player