US Housing Starts
It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder;
While this is monthly data, it's reported in an annualized format (monthly figure x12). This data is slightly overshadowed by Building Permits because they are tightly correlated and a permit must be issued before a house can begin construction;
- US Housing Starts Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Aug 16, 2024 | 1.24M | 1.34M | 1.33M |
| Jul 17, 2024 | 1.35M | 1.30M | 1.31M |
| Jun 20, 2024 | 1.28M | 1.37M | 1.35M |
| May 16, 2024 | 1.36M | 1.42M | 1.29M |
| Apr 16, 2024 | 1.32M | 1.48M | 1.55M |
| Mar 19, 2024 | 1.52M | 1.43M | 1.37M |
| Feb 16, 2024 | 1.33M | 1.45M | 1.56M |
| Jan 18, 2024 | 1.46M | 1.43M | 1.53M |
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- US Housing Starts News
From youtube.com/cmegroup|Aug 16, 2024Gold breaks records for all-time high and closing price. Bob Iaccino has more.
From census.gov|Aug 16, 2024The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for July 2024: table Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,396,000. This is 4.0 percent below the revised June rate of 1,454,000 and is 7.0 percent below the July 2023 rate of 1,501,000. Single-family authorizations in July were at a rate of 938,000; this is 0.1 percent below the revised June figure of ...
- From census.gov|Jul 17, 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for June 2024: table Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,446,000. This is 3.4 percent above the revised May rate of 1,399,000, but is 3.1 percent below the June 2023 rate of 1,493,000. Single-family authorizations in June were at a rate of 934,000; this is 2.3 percent below the revised May figure of ...
From census.gov|Jun 20, 2024The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for May 2024: tables Privately‐owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,386,000. This is 3.8 percent below the revised April rate of 1,440,000 and is 9.5 percent below the May 2023 rate of 1,532,000. Single‐family authorizations in May were at a rate of 949,000; this is 2.9 percent below the revised April figure of ...
- From census.gov|May 16, 2024
‐ The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for April 2024: tables Privately‐owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,440,000. This is 3.0 percent below the revised March rate of 1,485,000 and is 2.0 percent below the April 2023 rate of 1,470,000. Single‐family authorizations in April were at a rate of 976,000; this is 0.8 percent below the revised March ...
From nahb.org|Apr 16, 2024Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-side costs and tighter lending conditions. Overall housing starts decreased 14.7% in March to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The March reading of 1.32 million starts is the number of housing units builders ...
- From census.gov|Apr 16, 2024|3 comments
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for March 2024: table Privately‐owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,458,000. This is 4.3 percent below the revised February rate of 1,523,000, but is 1.5 percent above the March 2023 rate of 1,437,000. Single‐family authorizations in March were at a rate of 973,000; this is 5.7 percent below the revised February ...
- From census.gov|Mar 19, 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for February 2024: tables Privately‐owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,518,000. This is 1.9 percent above the revised January rate of 1,489,000 and is 2.4 percent above the February 2023 rate of 1,482,000. Single‐family authorizations in February were at a rate of 1,031,000; this is 1.0 percent above the ...
| Released on Aug 16, 2024 |
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| Released on Jul 17, 2024 |
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| Released on Jun 20, 2024 |
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| Released on May 16, 2024 |
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| Released on Apr 16, 2024 |
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| Released on Mar 19, 2024 |
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