US housing starts for April come with added revisions
Just a heads up for the data at the bottom of the hour. The housing starts numbers will come with revisions as well as seasonal adjustments. Bloomberg notes;
I don't think there's anything that going to throw any spanners in the works but be prepared if the numbers show a big variation in the revisions, or the wires flash up with additional numbers.
As far as what's expected, starts are forecast to rise to 1.060m vs 1.042m prior and permits to 1.019m vs 0.926m prior