October 2018 US housing starts and building permits 20 November 2018

  • Housing starts 1.228m vs 1.225m exp m/m. Prior 1.201m. Revised to 1.210m
  • Building permits 1.263m vs 1.267m exp. Prior 1.270m

Mildy better than expected and a slight miss in permits. Both up on last month, which is what matters. I wouldn’t call them strong numbers but they’re not bad.

Little reaction in USD.

Ryan Littlestone

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