US housing sector data for January now out 16 Feb
- 1209k prev revised up from 1192k
- mm 9.7% vs 3.5% exp vs -6.9% prev rev up from -8.2%
- building permits 1396k vs 1300k exp vs 1300k prev rev down from 1302k
- mm 7.4% vs 0.0% exp vs -0.1% prev
Decent data tempered by mixed import/export indices and USD largely unchanged
USDJPY 106.21 GBPUSD 1.4030 EURUSD 1.2456 USDCHF 0.9242
Housing Starts is an indicator that tracks how many new single family homes or buildings were constructed. For the survey each house and each single apartment are counted as one housing start. The figures include all private and publicly owned units.
Building Permits shows the number of permits for new construction projects and implies the movement of corporate investments.
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