wrapper

Building Permits declined by 3.9%

Wednesday, Jan 20 2016
Privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,232,000. This is 3.9% below the revised November rate of 1,282,000, but is 14.4% above the December 2014 estimate of 1,077,000. Single-family authorizations in December were at a rate of 740,000; this is 1.8% above the revised November figure of 727,000. Authorizations of units in buildings with five units or more were at a rate of 455,000 in December. An estimated 1,178,400 housing units were authorized by building permits in 2015.  This is 12.0% above the 2014 figure of 1,052,100.  
 
Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,149,000. This is 2.5% below the revised November estimate of 1,179,000, but is 6.4% above the December 2014 rate of 1,080,000. Single-family housing starts in December were at a rate of 768,000; this is 3.3% below the revised November figure of 794,000. The December rate for units in buildings with five units or more was 365,000. An estimated 1,111,200 housing units were started in 2015. This is 10.8% above the 2014 figure of 1,003,300.
 
Euro is currently being traded few points above 1.0910 level, Sterling is around 1.4170 handle, while Aussie is around 0.6860 area. Later today, Crude Oil Inventories figures are scheduled for a release.
More in this category: « US CPI unexpectedly decreased in December Aussie supported by increase in iron ore prices »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.