August 2018 US housing starts and building permits 19 September 2018

  • Prior 1.168m. Revised to 1.174m
  • Building permits 1.229m vs 1.310m exp m/m. Prior 1.303m

A gain in starts but permits drop. It’s a bit of a modest reversal of last month. Starts is certainly not a strong number and it keeps the data going sideways.

Ryan Littlestone

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