June 16th, 2010 by Belisarius
U.S. housing starts were reported at 593.000 vs. revised 659.00 April reading. The consensus was at 648.000. Building permits in the same period fell 5.9% to 574.000.
Bad report.
Chart 1. U.S. Housing Starts
Source: U.S. Census Bureau
Chart 2. U.S. Building Permits
Source: U.S. Census Bureau
U.S. Building Permits, U.S. Housing Starts
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