Number Of U.S. Housing Starts Fell 5.0% In August
(For August 2011)
U.S. housing starts in August fell 5.0% to 571.000 vs. revised (11.000 higher) 601.000 July reading. Consensus was at 590.000. On year level U.S. housing starts are down 5.8%.
Number of building permits issued in the U.S. in August rose 3.2% to 620.000. Consensus was at 590.000. On year level number of building permits issued in the U.S. is up 7.8%.