U.S. Housing Starts Up 15.0% In September
(For September 2011)
U.S. housing starts in September rose 15.0% to 658.000 vs. revised (1.000 higher) 572.000 August reading. Consensus was at 590.000. On year level U.S. housing starts are up 10.2%.
Number of building permits issued in the U.S. in September fell 5.0% to 594.000. Consensus was at 610.000. On year level number of building permits issued in the U.S. is up 5.7%.