US Housing Starts, Building Permits Surprisingly Rise In April
US Housing Starts, Building Permits Surprisingly Rise In April
US housing starts and building permits data for the month of April surprisingly improved, as starts rose to 1032K while applications for permits rose to 978K. However, the less-volatile three-month averages for both indexes eased to 1031K and 964K, respectively, indicating that the US housing collapse is […]
U.S. Housing Starts Rallied Back in April
U.S. Housing Starts Rallied Back in April
U.S. housing starts rallied back in April, rising 8.2%, to recoup some ground after March’s huge 13.8% drop. Starts came in at a 1.032 million unit annual pace from March’s 954,000 units which was the slowest since March 1991. Starts were 30.6% below the level recorded in April 2007 […]
US April Housing Figures to Close the Week
Forex Market Update: US April Housing Figures to Close the Week
With mixed economic signals and rising unemployment, today’s Housing Starts will provide for further direction to markets on the state of U.S. economy.
MAJOR HEADLINES - PREVIOUS SESSIONGE GDP QoQ/YoY (1Q P) out at 1.5%/2.6% vs. 0.7%/1.8% expected.GE CPI MoM/YoY (Apr F) out at -0.2%/2.4% as […]