- US Housing Starts surge 14.8% in November, Building Permits decline 2.5%
Market news
19 tháng 12 2023
US Housing Starts surge 14.8% in November, Building Permits decline 2.5%
- Housing Starts in the US increased at a much stronger pace than expected in November.
- US Dollar Index stays in negative territory below 102.50 after the data.
Housing Starts in the US surged 14.8% in November to 1.56 million units, the monthly data published by the US Census Bureau revealed on Tuesday. This reading followed the 0.2% increase (revised from 1.9%) recorded in October.
In the same period, Building Permits declined 2.5% after rising 1.8% (revised from 1.1%) in October.
Market reaction
The US Dollar Index showed no immediate reaction to these figures and was last seen losing 0.18% on a daily basis at 102.32.
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