U.S. Housing Starts Rose 0.3%; Number Of Building Permits Issued In The U.S. Fell 5.6%
(For September 2010)
U.S. housing starts in September rose 0.3% to 610.000 vs. revised (10.000 higher) 608.000 August reading. The consensus was at 580.000.
On year level U.S. housing starts are up 4.1%
Chart 1. U.S. Housing Starts
Number of building permits issued in the U.S. in August fell 5.6% to 539.000. The consensus was at 575.000.
On year level number of building permits issued in the U.S. is down -6.3%.
Chart 2. U.S. Building Permits
Slightly positive housing starts number is offset by much worse building permits reading.
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