Keeping you up to date on the latest data releases.
- Housing Starts
New single-family housing starts fell 2.1 percent in April, but are up 20.8 percent over the past year to a seasonally-adjusted annualized rate of 610,000 units started. Regionally, all areas posted solid double-digit annual growth rates. On a monthly basis, housing starts ranged widely from a 48.8 percent increase in the Northeast to a 12.9 percent decline in the South. The authorization of single-family building permits, which is an indicator of future demand, rose 3.0 percent in April and 27.5 percent over the past 12 months to a seasonally-adjusted annualized rate of 617,000 permits.