Keeping you up to date on the latest data releases.
- Housing Starts
After a modest downward revision to June’s report, single-family housing starts fell 6.5 percent in July to an annualized rate of 502,000 units. Regionally, housing starts where down in areas, ranging from a 2.2 percent decline in the South, to a significantly steeper 27.1 percent decline in the Northeast. Despite the drop in housing starts, the authorization of building permits rose 4.5 percent in July to an annualized rate of 513,000. This represents the highest level of building permits authorized since March of 2010.