- US Housing Starts decline 3.1% in October, Building Permits fall 0.6%
Market news
19 November 2024
US Housing Starts decline 3.1% in October, Building Permits fall 0.6%
- Housing Starts and Building Permits in the US declined further in October.
- The US Dollar Index stays in daily range above 106.00.
Housing Starts in the US declined 3.1% in October to 1.311 million units, the monthly data published by the US Census Bureau revealed on Tuesday. This reading followed the 1.9% decrease (revised from -0.5%) recorded in September.
In the same period, Building Permits decreased 0.6% after falling 3.1% (revised from -2.9%) in September.
Market reaction
The US Dollar Index edged lower following these data and was last seen trading virtually unchanged on the day at around 106.20.
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