- US Housing Starts rise 10.7% in February, Building Permits increase 1.9%
Market news
19 March 2024
US Housing Starts rise 10.7% in February, Building Permits increase 1.9%
- Housing Starts and Building Permits in the US increased in February.
- The US Dollar Index clings to daily gains near 104.00.
Housing Starts in the US rose 10.7% in February to 1.52 million units, the monthly data published by the US Census Bureau revealed on Tuesday. This reading followed the 12.3% decrease recorded in January.
In the same period, Building Permits increased 1.9% after falling 0.3% in January.
Market reaction
The US Dollar Index preserves its bullish momentum after the data and was last seen rising 0.32% on the day at 103.92.
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