–February Permits Originally Reported -8.2% To 517K Unit Rate
WASHINGTON (MNI) – The number of U.S. building permits issued in
February was revised up to a decrease of 5.2% to a 534,000 unit annual
rate, the Commerce Department’s Bureau of the Census said Thursday.
Permits issued were originally reported down 8.2% to a 517,000
unit rate.
The Census Bureau revises the latest building permits data on the
18th working day of the month, three to seven days after the release of
the preliminary estimate in the month housing starts and building
permits report.
Permits for single-family homes were revised higher to a decline of
9.0% at a 383,000 unit rate (previously down 9.3% at a 382,000 unit
rate). Permits for multi-unit buildings were revised up to a gain of
6.3% at a 151,000 unit rate (previously down 4.9% at a 135,000 unit
rate.)
**Market News International Washington Bureau: 202-371-2121**
[TOPICS: MAUDS$,MFU$$$,MGU$$$]
